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

question 156

True/False

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

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Definitions:

Second Continental Congress

A convention of delegates from the Thirteen Colonies which started meeting in the spring of 1775, soon after warfare in the American Revolutionary War had begun.

Continental Army

The revolutionary war army authorized by the Continental Congress in 1775 to fight against British rule, commanded by General George Washington.

Articles of Secession

Documents drafted and ratified by the 11 Confederate states declaring their secession from the United States of America, leading up to the Civil War.

Military Strategy

The planning and execution of movements and operations by armed forces to achieve political or military objectives.