Which of the following is a useful framework against which to examine a firm's potential strengths and weaknesses in a given industry?
A) Isolating mechanisms
B) The value chain
C) Organizational capabilities
D) Porter's five forces

Question

Quizplus · Accepted Answer

Porter's five forces is a useful framework to examine a firm's potential strengths and weaknesses in a given industry. The five forces include the threat of new entrants, bargaining power of suppliers and buyers, threat of substitute products or services, and intensity of competitive rivalry. By analyzing these forces, firms can identify areas where they have a competitive advantage and areas where they may be vulnerable to competition.

Which of the Following Is a Useful Framework Against Which