The limitations of Porter's approach point to the need to:
A)Disaggregate broad industry groups and understand the determinants of competition more deeply
B)Determine the exact level of analysis in an industry
C)Stop attempting to forecast the future evolution of any industry
D)Increase competitive intelligence to collect more information on rivals

Question

Quizplus · Accepted Answer

Porter's approach focuses on analyzing industries as a whole, but this can overlook important differences and nuances within them. Disaggregating broader groups and understanding the underlying factors driving competition can help to better inform strategic decision-making. B is also somewhat relevant, but A is a more comprehensive answer. C and D are not directly related to the limitations of Porter's approach.

The Limitations of Porter's Approach Point to the Need To