Porter concludes that the overall impact of the web is to _________ competition, which generally ___________ a firm's profitability.
A) decrease; diminishes
B) decrease; improves
C) increase; diminishes
D) increase; improves

Question

Quizplus · Accepted Answer

Porter argues that the web increases competition among firms, which typically leads to lower profitability due to factors like price wars, increased bargaining power of buyers, and lower barriers to entry for new competitors.

Porter Concludes That the Overall Impact of the Web Is