Each independent variable affects the dependent variable

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Reference no: EM131656190

If Porter's 5-Fores ae re-framed (re-organized) along three classification of the industry as follows in:

Structure (entry conditions, including buyers and sellers)

Conduct (how the power of the industry affected its ability to set price above cost)

Performance (Profit in the long-run).

There is a casual relationship connecting Structure to Conduct and then to Performance of the same industry (known as the explanatory as stated above).

Here, we need to show one of the performance variables (dependent variable) is influenced by conduct and structure variables. Explain how each independent variable affects the dependent variable in your selected industry. In addition, include a section about the performance of the industry in terms of foreign trade (next export).

Reference no: EM131656190

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