Differentiate Between Porter's Competitive Forces Model and His Value Chain

question 76

Short Answer

Differentiate between Porter's competitive forces model and his value chain model.

---

Definitions:

Auricle

The external portion of the ear; it collects sound waves and directs them into the ear canal.

Stapes

A tiny bone in the middle ear that plays a critical role in the process of hearing by transmitting sound vibrations from the middle ear to the inner ear.

Malleus

A small bone in the middle ear that plays a crucial role in the transmission of sound vibrations to the inner ear.

Cerumen

A scientific term for earwax, a substance produced in the ear canal that protects the ears by trapping dirt and slowing the growth of bacteria.