In the late 1970s and early 1980s,Michael Porter pioneered:
A)The application of industrial organization economics to strategic management
B)Empirical research into the relationship between market share and firm profitability
C)The resource-based view of the firm
D)The application of game theory to competitive analysis

Question

Quizplus · Accepted Answer

Michael Porter is known for his work in applying industrial organization economics to strategic management. He developed the Five Forces framework, which helps organizations analyze the competitive forces within an industry and develop a competitive strategy. His work has had a significant impact on the field of strategic management.

In the Late 1970s and Early 1980s,Michael Porter Pioneered