Multiple Choice
The following are all limitations of Porter's Five Forces except
A) It ignores changes in consumer tastes and income.
B) It is overall quantitative rather than qualitative.
C) It does not account for all external pressures on firms.
D) It takes a very narrow view of firm strategy.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Based on the chapter, a firm's resources
Q2: Industrial analysis seeks to:<br>A)Assess industry and the
Q3: The process of disaggregating industries based on
Q4: The critical component to developing a sound
Q6: Perfectly competitive industries:<br>A)Have no barriers to entry
Q7: Tools and frameworks to inform strategy includes
Q8: The Value Net Framework includes:<br>A)Competitors and Barriers<br>B)Substitutes
Q9: The Resource Based view of the firm
Q10: Which of the following is FALSE:<br>A)Most firms