According to Porter's five-forces model, the more the forces combine in any instance, the less likely firms will seek competitive advantage and the less dramatic the results of such an advantage will be.? a. trueb. false

Question

Computers and Technology

Chloe Brandt

13 November, 08:43

According to Porter's five-forces model, the more the forces combine in any instance, the less likely firms will seek competitive advantage and the less dramatic the results of such an advantage will be.? a. trueb. false

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Answers (1)

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Kristen Copeland · Answer 1

The answer is "Option b"

Explanation:

The five-force model is a simple and powerful way to understand the strength of your enterprise system and recognize your future profitability.

It is beneficial because they know the factors, which affect your environment or your company's profitability. It is a widely available methodology, that defines key factors, which can contribute to a competitive edge, that's why option b is correct.