Multiple Choice
The following diagram shows Porter's five forces model.
Which forces are represented by cells A, B, C and D?
A) Monopoly; oligopoly; monopolistic competition; perfect competition
B) Potential entrants; suppliers; buyers; substitute products
C) Suppliers; demanders; intermediate products; the value chain
D) Advertising; inputs; competition; outputs
Correct Answer:
Verified
Correct Answer:
Verified
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