The competitive forces model cannot be used to analyze modern digital firms which face new competitive forces that are not true of traditional firms.

Question

Quizplus · Accepted Answer

The competitive forces model, also known as Porter's Five Forces, can be adapted and applied to analyze modern digital firms by considering factors such as digital competition, the threat of substitute digital services, and the bargaining power of digital customers and suppliers.

The Competitive Forces Model Cannot Be Used to Analyze Modern