The Five Forces Model, the Three Generic Strategies, and Value

question 142

Short Answer

The Five Forces Model, the three generic strategies, and value chain analysis are all ____________________ by which organizations can assess their competitive advantage.

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Definitions:

Cacao

The seed from which chocolate is made and is the product of the cacao tree, native to the Americas. It is also used in making cocoa butter and cocoa powder.

Commercial Use

The utilization of goods or services for business purposes, often involving selling or profit-making activities.

Coins

Metal pieces that are issued by governments as money, typically stamped with designs and inscriptions indicating their value.

Money

A means of exchange used to make payments for other goods and services as well as to measure their value.