Is this correct or false?

Includes general management, finance, accounting, legal, and government affairs.

Supporting activity in value chain. → Five Forces Model

This is false.

Explanation:

A value chain refers to a combination of the systems used by a company or organization for money-making. That has the implication as a value chain being made up of diverse subsystems useful for the formation of products and services. This is inclusive of the process from start to finish.

Porter's Five Forces Model has been designed as a business analysis towards providing explanation as to why various industries have the ability of sustention of profitability in diverse levels. The Five Forces Model analyses in-depth for the industrial structure of a company along with its corporate strategy. These five forces frequently measure the intensity of the competition along with attractiveness, and profitability of the market or industry. Porter's five forces are:

Competition in the industry Potential of new entrants into the industry Power of suppliers Power of customers Threat of substitute products