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Michael Eugene Porter ( born May 23, 1947) is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School, and he was one of the founders of the consulting firm The Monitor Group ( now part of Deloitte) and FSG, a.
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Porter' s Five Forces Framework is a tool for analyzing competition of a business. It draws from industrial organization ( IO) economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness ( or lack of it) of an industry in terms of its profitability.
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