Question: As an entrepreneur, which statement about utilizing the Five Forces framework is FALSE? a . You can safely ignore companies in other industries, as they

As an entrepreneur, which statement about utilizing the Five Forces framework is FALSE?
a. You can safely ignore companies in other industries, as they are irrelevant.
b. The degree of rivalry impacts your profit margin.
c. Competitive forces dictate your long-term profitability.
d. Monitoring competitors provides insight on how you can differentiate your product.
As an entrepreneur, which statement about utilizing the Five Forces framework

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