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                      <h1 id="hTitle" title="Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food..."><span title="Question" class="ico"></span>Let’s say you work for McDonald’s and you applied Porter’s
                        Five-Forces Model to study the...<a href="/questions/let-s-say-you-work-for-mcdonald-s-and-you-applied-porter-s-five-forces-model-to-stud-5541113.htm#answer" id="hypAnswerCount" class="ansnumber" data-gaq="true" data-label="5350-6245-6265-0-dom_1-b_0-default_null" data-category="QP-Comment" data-action="QS_PPsnavigate_5541113_1" data-nonintraction="1">
<span>1</span> answer below »</a></h1>
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                      <div id="divDescription" class="discription">Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to study the fast-food industry. Would information in your analysis provide factors more readily to an EFE
                        Matrix, a CPM, or to neither matrix? Justify your answer.<div id="slidingDiv"></div>
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                                <span id="QuestionCommentList1_rptQuestionComment_spnAuthorName_0"> neethumol e </span><time id="QuestionCommentList1_rptQuestionComment_timeAnsweredOn_0" datetime="2021-01-17">answered on <b>
January 17, 2021</b></time>
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                                  <span id="ltAnswer">Either matrix can be used successfully to study the fast-food industry. All five forcerexhibited in Porter's model strongly impact competitiveness and rivalry in the fast-foodindustry. For
                                    example, it is easy for small, rival firms to enter the market, and there arecountless substitute products and suppliers. In an EFEM, the key external factors are groupedinto opportunities and threats, whereas
                                    the...</span>
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                            let' say you work for Mcdonald's and you applied porter five forces model to study the fast food...</h3>
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                            Either matrix may be used to research the fast-food sector successfully. All five forces depicted in Porter's model have a significant influence on competition and...
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 3. Strategic Management
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 4. Let’s say you work for McDonald’s and you applied...

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LET’S SAY YOU WORK FOR MCDONALD’S AND YOU APPLIED PORTER’S FIVE-FORCES MODEL TO
STUDY THE... 1 ANSWER BELOW »



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Let’s say you work for McDonald’s and you applied Porter’s Five-Forces Model to
study the fast-food industry. Would information in your analysis provide factors
more readily to an EFE Matrix, a CPM, or to neither matrix? Justify your answer.






1 APPROVED ANSWER

neethumol e answered on January 17, 2021
4 Ratings (5 Votes)

Either matrix can be used successfully to study the fast-food industry. All five
forcerexhibited in Porter's model strongly impact competitiveness and rivalry in
the fast-foodindustry. For example, it is easy for small, rival firms to enter
the market, and there arecountless substitute products and suppliers. In an
EFEM, the key external factors are groupedinto opportunities and threats,
whereas the...


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