Amie Minami recently graduated from the University of Rivendell School of Business and is now studying for the Level 1 CFA examination. She thought she would never have to read about Porter's Five Forces again. However, while taking an online review quiz to help her focus her studies, she sees a question on Porter.
Luckily, she remembers all the points and correctly identifies that one of the choices is incorrect. Which of the following choices is FALSE?
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A. B. C. D.A
While vertical integration may be a strategy, Porter identified two strategies that are available to firms in a competitive environment: a low-cost strategy and a differentiation strategy. The other statements are correct.