the threat of substitutes ( products from different industries that satisfy customer needs being met by focal firms) is greater if there are low switching costs.

true or false

in times of market uncertainty, more integration is advised, as it can increase strategic flexibility.

true or false

the beliefs, norms, and actions of relevant p;ayers are collective known as values.

true or false

with his diamond model, porter describes the factors that determine competitive advantage of globally leading industries.

true or false