Which of the following is not a limitation of Porter's five-forces model?
A) It does not account for the fact that a large firm may be able to influence industry structure.
B) It assumes that industry structure explains firm performance.
C) It incorporates the resource-based perspective on strategic decision-making.
D) It is based on the assumptions of industrial organization theory.
Correct Answer:
Verified
Q22: Which of the following is not a
Q23: Rivalry increases sharply when
A)competitors are diverse.
B)competitors are
Q24: Is the intensity of rivalry in the
Q25: Intensity of rivalry in an industry is
Q26: Is the threat of substitutes low,moderate,or high
Q28: When an industry's customers are hesitant to
Q29: Barriers to entry may be associated with
A)cost
Q30: When firms that provide key raw materials
Q31: Which of the following does not increase
Q32: Pressure from substitute products occurs from
A)inside the
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