Limitations of porter five forces model

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1. If strategic management is a straightforward concept, then why do many firms have difficulty formulating and executing effective strategies?

2. Given the limitations of Porter's five forces model, could one argue that strategists should largely ignore industry factors and focus instead on resources and competencies specific to a firm? Why or why not?

3. Is government regulation of emerging industries, such as social media, a net plus or minus? Explain

Reference no: EM133037447

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