One of the takeaways from porters five forces model is that, Ask an Expert

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One of the takeaways from Porter's five forces model is that the profitability of a particular company is more dependent on the structural characteristics of the industry in which it is embedded than on the internal capabilities of the company. In other words, profitability is determined more by bargaining power than a company-specific competitive advantage. If this is true for companies, is it also true for individuals in the labor market? Explain.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93115463

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