Question: true/false Strategy Dynamics is firm-centered whereas the 5 forces analysis is industry-based. Value chain analysis looks at how a firm adds value to the inputs

true/false

Strategy Dynamics is firm-centered whereas the 5 forces analysis is industry-based.

Value chain analysis looks at how a firm adds value to the inputs it uses to create goods and services.

The value curve is a tool for finding a strong competitive position for business by looking at the economy.

Strategic management is about building and sustaining performance into the future.

One goal of 5 forces analysis is to identify a strategic position where the competitive forces are weaker.

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