Multiple Choice
Which of the following is not included as a major force in Michael Porter's five-forces model of industry competition?
A) Existing competitors
B) Suppliers
C) Potential competitors
D) Unions
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The broad environment consists of sociocultural forces,competitive
Q7: Analysis of social trends is important because:<br>A)
Q8: The technological segment of environmental analysis includes:<br>A)
Q9: Suppliers tend to exhibit greater power if:<br>A)
Q10: Related and supporting industries are called _
Q14: High entry barriers often result in green-field
Q15: What is a firm's strategic group and
Q16: According to the five-forces model,an attractive industry
Q17: The economic environment refers to:<br>A) The nature
Q117: Describe the factors that raise the competitive