A 6ᵗʰ force-complements-should arguably be added to Porter's 5 Forces Model because
A) Porter's original analysis was inadequate.
B) it's clear that since Porter devised his model, Complementers have evidently become more important.
C) Porter's model was developed over 30 years ago, so is old-fashioned.
D) b and c.
Correct Answer:
Verified
Q39: One can view the connection between the
Q40: "Consumer surplus" is
A)the difference between the price
Q41: To forecast industry profitability consistently and accurately,
Q42: Suppose that an industry's profitability is zero
Q43: "The market" and "the industry" are
A)related but
Q45: The bargaining power of suppliers is likely
Q46: Analyzing key success factors leads one to
Q47: The question "What does a firm need
Q48: Understanding the competitive forces in an industry
Q49: Bargaining power rests, ultimately, on
A)the negotiating skills
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents