Q204
The five forces model developed by ________ has been the most commonly used analytical tool for examining competitive environment
A.
Michnal E Porter
AnswerB.
Lewis Charter
C.
Barrywell
D.
Schwiz
Answer: Option A
Solution
Answer: Option A
Solution:
The five forces model developed by Michnal E Porter has been the most commonly used analytical tool for examining competitive environment. This is useful, because, when you understand the forces in your environment or industry that can affect your profitability, you'll be able to adjust your strategy accordingly.