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A Key Limitation of Porter's Five Forces Model of Competition

Question 53

Multiple Choice

A key limitation of Porter's five forces model of competition is that:


A) It looks only at single industries not at relationships between industries
B) Competitors' strategies may shape industry structure,rather than structure shaping competition
C) Industries are more complexity than can be reduced to five competitive forces
D) The different levels of industry analysis that the five forces model can be applied to

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