Which of the following was designed to help managers analyze the competitive environment and adapt to or even influence the nature of competition?
A)Dell's IdeaStorm
B)Michael Porter's model
C)B2B selling
D)Peter Drucker's theory
E)Organizational smoothing

Question

Quizplus · Accepted Answer

Michael Porter's model says that the competitive environment includes rivalry among current competitors and the impact of new entrants, substitute and complementary products, suppliers, and customers. According to Porter, successful managers do more than simply react to the environment; they act in ways that actually shape or change the organization's environment.

Which of the Following Was Designed to Help Managers Analyze