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Critically comment on the following statement: ' Analysis tools, such as Porter's Five Forces Model, are no longer useful because they are out of date
Critically comment on the following statement:
'Analysis tools, such as Porter's Five Forces Model, are no longer useful because they are out of date when applied to fast-moving, technology-driven global markets'.
Note: The Five Forces Model is an example. Pick another if you think it more appropriate to your business sector.
Your comments should cover evidence to support this statement, or not, and importantly, whether your experiences (or actions) resonate with this statement.
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