Explain the importance of Porter’s Five (5)-Forces model. Using the Five-Forces model, examine the current behaviour of a selected organisation and explain what you believe to be the five (5) most critical influences arising from the competitive market environments, both nationally and internationally.

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Q: How do bargaining and command relations affect the size of profits created in a capitalist firm?

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Q: ist out different types of Market structures. Which one is more realistic?

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A: Occupational  License is a grant to rehearse an occupation.

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A: In free market (perfectly competitive) equilibrium, the price equivalent to MC & equilibrium is…