Asked by Ashley Elizabeth on Apr 24, 2024

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The web has changed Porter's five fundamental forces.

Porter's Five Forces

A framework for analyzing a company's competitive environment and identifying the strengths and weaknesses of its current competitive position.

  • Understand the effects of the internet on competitive dynamics and profit margins across different sectors.
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Robert Cella7 days ago
Final Answer :
False
Explanation :
Porter's Five Forces framework, which includes the threat of new entrants, the threat of substitutes, the bargaining power of buyers, the bargaining power of suppliers, and competitive rivalry, remains a fundamental tool for analyzing industry structure and competition. The web has impacted how these forces operate and interact but has not changed the fundamental forces themselves.