There are many factors that affect the success or failure of an organization. One is the strength of management within the organization. A manager that incorporates the primary functions of management is one who will be successful. Another factor is the company’s response to competition. With such strong competition in virtually every industry of business, a company must have a strategic plan that is carried out by organization leaders that demonstrate strong management. A manager that can incorporate Porter’s Five-Force Model is one that recognizes the threats to the company’s profitability and ultimate position in the industry. This paper will explore the
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