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Which of the following is a primary feature of the five forces model? Question 2 4 options: It is concerned about the variance in firms'
Which of the following is a primary feature of the five forces model?
Question options:
It is concerned about the variance in firms' profitability within an industry.
It takes into account a firm's resources that are valuable, rare, inimitable, and exploitable.
It helps managers predict important changes in industries such as industry convergence.
It views competition within an industry broadly to include substitutes and potential new entrants.
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Fundamentals of Management
Authors: Robbins, DeCenzo, Coulter
7th Edition
132996855, 0-13-610982-9 , 9780132996853, 978-0-13-61098, 978-0136109822
