Question: How is the Five - C framework similar to the Five Forces framework originated by Michael Porter? Both focus on customer needs rather than industry
How is the FiveC framework similar to the Five Forces framework originated by Michael Porter?
Both focus on customer needs rather than industry boundaries.
Both are meant to facilitate analysis of the market in which a company operates.
Both are concerned with whether the company and its competitors operate within the same industry.
Neither can accommodate crosscategory competition.
Both excel at analyzing an offering's ability to create market value.
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