Question: Which statement below is true? Group of answer choices Many firms tend to migrate between industries, rather than stay in one industry. The five external

Which statement below is true?

Group of answer choices

Many firms tend to migrate between industries, rather than stay in one industry.

The five external forces from Porter's model are: customers, suppliers, competitors, stockholders

/

owners

,

and new entrants.

Inversion takes place when a firm reincorporates in another US state to reduce its tax burden

Pharmaceuticals lost their five star industry competitiveness, because customers were no longer price conscious and the research cost to develop drugs decreased.

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