of the following statements about Porter's competitive forces model is not true?

Porter's competitive forces model is the most widely used model for understanding competitive advantage.

Porter's model focises on a firm's general business environment.

The more substitute products and services in an industry, the less a firm can control pricing and the lower the firm's pro

In a free economy, there are very low barriers to entry in all industries.

The power of customers grows if they can easily switch to a competitor's products and services.

STION $28$

on's use of the Internet as a platform to enhance customer convenience illustrates which of the following strategies?

Low$-$cost leadership

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