A key criticism of Porter's Five Forces is:   a.   the threat of entry is overly minimized   b.   the government might usefully constitute a sixth force   c.   the approach is too rigid   d.   it doesn't account for the external environment

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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A key criticism of Porter's Five Forces is:

 

a.

 

the threat of entry is overly minimized

 

b.

 

the government might usefully constitute a sixth force

 

c.

 

the approach is too rigid

 

d.

 

it doesn't account for the external environment

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