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August 20, 2024

Discuss how you can use Porter’s 5 Forces model to assist you in measuring your success or failure

You are the new CEO of an up and coming startup. As you begin your job you are concerned about instilling a culture of innovation that will drive your company beyond its humble beginnings. In order to do that you realize that you need to really understand how well your technology initiatives are doing and have done in the past.

Respond to the following:

· Discuss how you can use Porter’s 5 Forces model to assist you in measuring your success or failure.

· Discuss how you can also use the Balanced Scorecard model to assist you in measuring your success or failure.

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