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Question
Which of the following statements is true of Porters five-force model?
a. It states that the attractiveness of an industry is unaffected by the industrys degree of rivalry.
b. It fails to acknowledge the role of substitutes.
c. It is often used, in practice, to assess a specific firms external environment.
d. It emphasizes the stakeholder management issues that are likely to impact the firms financial performance.
Answer
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Related questions
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