Question: The basic idea behind the Five Forces model is that Resource stocks and flows determine profitability the higher the competitive pressure, the lower the profitability
The basic idea behind the Five Forces model is that
Resource stocks and flows determine profitability
the higher the competitive pressure, the lower the profitability of the industry
a firr's resources and capabilities determine the profitability of the industry
the five basic activities of the firm are linked together in a value chain
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