Rugman and D'Cruz Have Developed an Alternative Framework to Porter's

question 59

Multiple Choice

Rugman and D'Cruz have developed an alternative framework to Porter's five forces model.The framework,based on business networks,is called:

• A)the differentiation model.
• B)strategic intent.
• C)the flagship model.
• D)the hypercompetition model.
• E)the Rugman & D'Cruz model.

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Definitions:

Firm-Fixed-Price

A type of contract where the price agreed upon is not subject to any adjustments based on the cost experience of the supplier or service provider.

Substantial Chance

A significant opportunity or probability of occurrences that can have considerable effects or outcomes.

Purchasing Manager Indexes

Economic indicators derived from monthly surveys of private sector companies, providing insight into the economic health of the manufacturing sector.

Economic Indicators

Statistics and data points that provide insight into the overall health and direction of an economy.