According to Michael Porter's Five Forces model, why do some firms earn higher profits than other firms?

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According to Michael Porter's "Five Forces" model, why do some firms earn higher profits than other firms?

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Strategic Management Concepts and Cases

ISBN: 978-1118976586

1st edition

Authors: Jeffrey H. Dyer, Paul Godfrey, Robert Jensen, David Bryce

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Question Posted: May 08, 2017 12:01 PM

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According to Michael Porter's Five Forces model, why do some firms earn higher profits than other firms?

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Firms with higher profits may be in a more profitable industry that has higher average profi...View the full answer

Strategic Management Concepts and Cases

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