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The Competitive Forces Model Cannot Be Used to Analyze Modern

question 98

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The competitive forces model cannot be used to analyze modern digital firms which face new competitive forces that are not true of traditional firms.


Definitions:

Electricity Charge

The cost incurred from consuming electric power, reflected as part of a utility bill.

Water Meter

A device installed to measure the volume of water usage in residential, commercial, or industrial properties.

Meter Reading

The process of recording the amount of electricity, gas, water, or other utilities consumed by a household or business.

Thousand Cubic Feet

A unit of measure used primarily in the United States for volume, often in reference to the consumption or production of natural gas.

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