jerryG2231 jerryG2231

Today at 1:39 PM
Social Studies

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Financial strength can be a competitive advantage. In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. This insight is part of a. industry analysis b. Porter’s Five Forces c. competitive analysis

Answer :

chidinmakpaduwa chidinmakpaduwa

Today at 1:44 PM

Answer:

The answer is B.Porter's five forces.

Explanation:

Porter's Five Forces is a simple but powerful tool for understanding the competitiveness of your business environment, and for identifying your strategy's potential profitability. 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.

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