The analytical tools described in the text
A)must be used if one is to understand the industry structure.
B)are simply that; just tools. their value depends on the skill with which they are deployed.
C)should really only be used by academics.
D)both a and c.

Question

Quizplus · Accepted Answer

The analytical tools described in the text are valuable, but their effectiveness depends on the skill with which they are applied. They should not be limited only to academics, as they can be used by industry practitioners as well. Therefore, choice B is the best answer. Choice A is incorrect because while the tools are helpful for understanding industry structure, they are not an absolute necessity. Choice C is incorrect because industry practitioners can also benefit from using these tools.

The Analytical Tools Described in the Text