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Commerce · Q529

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 529

Q529

Which of the following statements in relation to the Five Forces framework is correct?

A.
the framework assists in developing a broad perspective on the environment within which an organization is operating
B.
it is not appropriate in public sector management
C.
the framework is a means of identifying the forces which affect the level of competition in an industry or sector
Answer
D.
the framework identifies the major stakeholders of an organization

Answer: Option C

Solution

Answer: Option C
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