Answer:
The limitations of Porter's five forces model include its inability to account for the impact of digitalization, globalization, and deregulation on industry structure. The limitations of Porter's five forces model are not mentioned in the provided text
Answer:It's a useful tool for analyzing competition but has limitations in accurately measuring forces and accounting for external factor
Explanation:Porter's Five Forces is a helpful framework for understanding industry competition, but it can be difficult to accurately measure the strength of each force and doesn't account for external factors like technology or government regulations.