Which of the Following Is Not a Potential Limitation of the Five-Forces

question 33

Multiple Choice

Which of the following is not a potential limitation of the five-forces framework?

• A)It pays little attention to factors that might affect demand
• B)It focuses on a whole industry rather than on individual firms that may occupy unique positions that insulate them from some competitive forces
• C)The framework does not explicitly account for the role of government,except when government is a supplier or buyer
• D)The framework provides a structured way to systematically work through wide-ranging and often complex issues
• E)The framework is a qualitative analysis method

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Definitions:

Social Bonding

The process of developing attachments and connections with others, which is fundamental to human social and emotional development.

Formal Religion

Organized religious practices and institutions that have structured doctrines, rituals, and clergy, as opposed to more personal or informal spiritual beliefs.

Agnostics Or Atheists

Individuals who either doubt the existence of God or gods (agnostics) or deny the existence of any deities (atheists).

Secularization

The process by which developed societies move away from explanations based on religion to ones based on science, rationality, and logic.