Porter's model which can be applied to any segment of the economy to understand the level of competition within the industry and enhance a company's long-term profitability does not include next force: It's In: a. potential of new entrants into an industry b. threat of corruption c. competition in the industry d. power of suppliers and power of customers

Porter's Five Forces model is a framework that helps analyze an industry's structure and its corporate strategy development. It includes the following forces:<br /><br />a. Threat of new entrants: This force examines how easy or difficult it is for new competitors to join the industry.<br /><br />b. Threat of substitute products or services: This force looks at the likelihood of customers finding a different way of doing what your business does.<br /><br />c. Rivalry among existing competitors: This force considers the intensity of competition within an industry.<br /><br />d. Bargaining power of suppliers: This force assesses how much power suppliers have over the price of their goods or services.<br /><br />e. Bargaining power of buyers: This force evaluates how much power customers have over the price of goods or services.<br /><br />The correct answer is b. Threat of corruption is not included in Porter's Five Forces model.