The five forces model developed by ________ has been the most commonly used analytical tool for examining competitive environment
A. Michnal E Porter
B. Lewis Charter
C. Barrywell
D. Schwiz
Answer: Option A
Solution(By Examveda Team)
The five forces model developed by Michnal E Porter has been the most commonly used analytical tool for examining competitive environment. This is useful, because, when you understand the forces in your environment or industry that can affect your profitability, you'll be able to adjust your strategy accordingly.Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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