Question

Porter’s five forces model assumes all of the following EXCEPT Select one: a. organizational decision makers are rational and committed to acting in the firm’s best interests. b. firms in given industries, or given industry segments, are assumed to control similar strategically relevant resources. c. resources to implement strategies are firm-specific and attached to firms over the long-term. d. the external environment is assumed to impose pressures and constraints that determine the strategies that result in above-average returns.

Answer 1

Answer: The correct answer is "b. firms in given industries, or given industry segments, are assumed to control similar strategically relevant resources.",

Explanation: Porter's five forces model assumes all of these statements except: firms in given industries, or given industry segments, are assumed to control similar strategically relevant resources.