Porter's Five Forces model is based on:
A) industrial organization economics.
B) labor and demographic economics.
C) business administration and business economics.
D) environmental and ecological economics.

Question

Quizplus · Accepted Answer

Porter's Five Forces model is based on the principles of industrial organization economics, which focuses on the behavior of firms and the structure of industries in which they operate. It analyzes the competitive forces within an industry to help businesses understand their market position and develop effective strategies to compete.

Porter's Five Forces Model Is Based On