Porter contends that government has little or no effect on the four components that shape the environment in which firms compete.

Question

Quizplus · Accepted Answer

Porter argues that government policies and actions can greatly impact the components that shape the competitive environment for firms, including the availability of resources, the conditions of demand, the nature of competition, and related industries and supporting institutions. Therefore, the statement in the question is false.

Porter Contends That Government Has Little or No Effect on the Four