The S-C-P model assumes that any competitive advantages a firm has in an industry must benefit society.

Name: The S-C-P model assumes that any competitive advantages a firm has in an industry must benefit society.
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Quizplus · Accepted Answer

The S-C-P model (Structure-Conduct-Performance) does not consider the social benefits or consequences of a firm's competitive advantages. It focuses on the market structure, the conduct of firms within that structure, and their resulting performance.

The S-C-P Model Assumes That Any Competitive Advantages a Firm