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2 years ago
Which of the following is not a common criticism of the five forces model?
A) The model assumes business environments are characterised by competitive rather than co-operative relations between firms and between firms and their suppliers and customers.
B) The model doesn't provide an insight into macro-environmental factors that shape the industry context.
C) The model is essentially designed to evaluate private sector competitive environments and is not really appropriate for the not-for-profit sector.
D) It is more appropriate for analysing manufacturing rather than service sectors, where suppliers are less of an issue.
E) The model is often criticised for providing only a snapshot of the industry at a point in time, i.e. it is too static.
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Exploring Corporate Strategy


Edition: 8th
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2 years ago
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