Porter's Five Forces Model focuses on which of the following analytical steps to determine which technology to use?
A) Determine critical business strategies needed to succeed
B) Identify key business processes that support business strategies
C) Align technology to key business processes
D) Assess your competition and the pressures facing them, your industry, and you

Question

Quizplus · Accepted Answer

Porter's Five Forces Model focuses on assessing the five forces that impact competition in a given industry, including the pressures facing competitors, the industry, and the company itself. This analysis is used to make strategic decisions, including which technology to use. Choices A-C are important steps in shaping a company's technology strategy, but they are not specifically part of Porter's Five Forces Model.

Porter's Five Forces Model Focuses on Which of the Following