Question $4$

$0\mathrm{.}38$ pts

Identify a true statement about understanding the five forces that shape industry competition.

It helps a comparyy strategist understand that the fre forces are rigid and hence plan the business strategy accoediney.

In helps a compary strategist predict the industry a competitor might enter and hence awoid that industry.

Whalps firms have is product$-$ariented vew in defining the industry.

In heips to perceive wider competitive threats and be better prepared to address chem.