Identify a True Statement About Understanding the Five Forces That

Multiple Choice

Identify a true statement about understanding the five forces that shape industry competition.

A) It helps to perceive wider competitive threats and be better prepared to address them.
B) It helps firms have a product-oriented view in defining their industry.
C) It helps a company strategist predict the industry a competitor might enter and hence avoid that industry.
D) It helps a company strategist understand that the five forces are rigid and hence plan the business strategy accordingly.