Which of the Following Is a Primary Feature of the Five

question 96

Multiple Choice

Which of the following is a primary feature of the five forces model?

• A) It is concerned exclusively about the intensity of rivalry among direct competitors.
• B) It takes into account a firm's internal resources, capabilities, and core competencies.
• C) It helps managers determine the changing speed of an industry or the rate of innovation.
• D) It views competition within an industry broadly to include forces such as buyers, suppliers, and the threat of substitutes.

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Definitions:

Network Design

The strategic planning and layout of a computer network including hardware, software, connectivity, and information flow.

Minimizing Bureaucracy

Involves reducing excessive red tape, rules, and formalities to make an organization more efficient and adaptable.

Horizontal Design

An organizational structure emphasizing collaboration, teamwork, and communication across departments and levels, with few hierarchical barriers.

Functional Design

An approach to design that focuses on practical and efficient aspects, ensuring that every component serves a specific purpose.