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Author Question: Which of the following is a frequent criticism of Porter's five forces model? (Read 51 times)

MirandaLo

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Question 1

According to Porter, the threat of substitutes is
◦ one of the factors in the five forces model of competition.
◦ part of the primary value chain.
◦ part of the support value chain.
◦ none of the above.

Question 2

Which of the following is a frequent criticism of Porter's five forces model?
◦ It is not very good at coping with monopoly.
◦ It presents a largely static view of the business environment.
◦ It neglects demand-side issues.
◦ It neglects supply-side issues.


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Marked as best answer by MirandaLo on May 25, 2020

k2629

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MirandaLo

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it


amandalm

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Reply 3 on: Yesterday
Excellent

 

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