A Major Drawback Associated with Porter's Five Forces Model Is

question 109

True/False

A major drawback associated with Porter's five forces model is that it ignores the rivalry among firms in the industry.

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Definitions:

Hypothalamus

A region of the brain that plays a crucial role in many essential functions, including regulating temperature, hunger, and thirst.

Hungry

A sensation experienced when one's body signals the need for food intake.

Thirsty

The feeling of needing to drink liquids, often as a result of dehydration or the desire for refreshment.

External Cues

External signals or triggers that influence behavior or responses.