One of the criticisms of Porter's Five Forces model is that it assumes competition to be a ______ game among the firm and its various stakeholders.
A)zero-sum
B)cooperative
C)strategic
D)nationalistic

Question

Quizplus · Accepted Answer

The Porter's Five Forces model assumes competition to be a zero-sum game where one firm's gain is another firm's loss. This means that the model assumes that there is a fixed amount of resources, customers, and profits that companies compete for. This assumption has been criticized for not reflecting the reality of certain industries where firms can collaborate and create value together.

One of the Criticisms of Porter's Five Forces Model Is