While there are several strategies to cope with the Five Forces, the best one (and the best idea in Strategy as a whole), is:

to produce more cheaply than rivals.

to make sure your firm's product/idea is unique and inimitable.

to purchase or acquire other firms.

The main difference between the value net and the five forces is that

the value net views interactions as positive OR negative.

the value net has been proven wrong.

the value net does not include suppliers and buyers.

Generally speaking, reducing Internal Rivalry will increase the threats to a firm's profitability.

True

False