A 6ᵗʰ Force-Complements-Should Arguably Be Added to Porter's 5 Forces

question 44

Multiple Choice

A 6ᵗʰ force-complements-should arguably be added to Porter's 5 Forces Model because

• A)Porter's original analysis was inadequate.
• B)it's clear that since Porter devised his model, Complementers have evidently become more important.
• C)Porter's model was developed over 30 years ago, so is old-fashioned.
• D)b and c.

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Definitions:

Moving Average

A statistical measure used to analyze data points by creating a series of averages of different subsets of the full data set.

Cost Of Goods Sold

Represents the direct costs attributable to the production of the goods sold in a company.

Total Inventory Cost

The complete cost associated with purchasing or producing inventory, including purchase price, conversion costs, and other costs.