True/False
Michael Porter concludes that the overall impact of the Internet is to increase competition, which generally diminishes a firm's profitability.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q102: Refer IT's About Business 2.1 - Sharing
Q103: Information-based industries are most susceptible to which
Q104: Porter's _ help(s) companies identify general strategies,
Q105: Refer to Closing Case - IBM's Watson:
Q106: _ is a feature that must be
Q108: The bargaining power of suppliers is low
Q109: The costs of delivering products in the
Q110: Applying copyrights and trademarks is an example
Q111: How does the Internet affect the way
Q112: The business environment refers to the industry