Question: In Porter's Five-Forces framework for industry analysis, a key assumption to remember is Multiple Choice complements, the sixth force, tend to have a greater effect

In Porter's Five-Forces framework for industry

In Porter's Five-Forces framework for industry analysis, a key assumption to remember is Multiple Choice complements, the sixth force, tend to have a greater effect on overall industy profitability than the force of substitutes the force of substitutes tends to have a stronger effect on overall industry profitability than threat of buyers industry structures and therefore strength of forces are dynamic and can change over time industry structures and therefore strength of forces are static and do not change over time

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Go to www.nucor.com. At the top of the frame you will see the heading Our Story. Then click on Chapter 1 Corporate Overview and read the information under this tab and then click on Chapter 2 History...

Please I have an article on which the questions come from. Please feel out the form appropriately. Please let me know if you can do a good job on this. I have similar exercise coming. Thanks ARTICLE...

Please help with the assigned discussion. The hyperlinks are attached. MY COMPANY IS WALMART Assigned Discussions: 1. Develop and explain a recommended corporate strategy for the selected company....

Reed these three chapters. Chapter 1, 8, and 9. Wryte a 2-3 paragrafff summary on each chapter. Be sure to label each chapter summary. play.google.com @ 5 + (107) Relaxing Music For Stress Relief,...

Adding to our continuing discussion of Southwest Airlines, discuss your position on if management's apparent current strategy change reflecting growth and expansion by acquisition and expanding away...

1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...

To read the article describing the components of Payn'e CRM Framework The link below also describes the framework and gives you some insights in relation to how to apply it...

6 | Consumer Choices Figure 6.1 Investment Choices Higher education is generally viewed as a good investment, if one can afford it, regardless of the state of the economy. (Credit: modification of...

Conduct an internet search to find an organization that lists its mission and vision statement on its website. What do the mission and vision statements communicate? How might the organization use...

For each of the following independent cases, determine the missing amounts corresponding to the letters in the chart: Case 1 Case 2 Case 3 Beginning inventory $(a) $2,350 $1,890 Purchases (net) 5,560...

In the optimal solution to the Great Threads model, no pants are produced. Suppose Great Threads has an order for 300 pairs of pants that must be produced. Modify the model appropriately and use...

Etlects that arise from a new product or service that increase sales of the firm's exibing products or services are referred to as Mutiple Choice complementary eflects. Substintionsty effectis. surk...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...