Porter's original five forces model is least useful where:
A)There are no complementary goods
B)Switching costs vary over the purchase-ownership cycle
C)Structural change in an industry is rapid
D)Industry entry is practically impossible

Question

Quizplus · Accepted Answer

Porter's five forces model is least useful in industries where there is rapid structural change as the model assumes industry structure remains stable over time. In rapidly changing industries, the model may not provide a accurate and complete picture of the industry dynamics.

Porter's Original Five Forces Model Is Least Useful Where