Solved

A Company's Chosen Strategy Is the Route It Uses to Arrive

Question 38

Multiple Choice

A company's chosen strategy is the route it uses to arrive its destination. A guiding set of principles for laying out the long-term goals is known as Porter's Five Forces. Which of the following best represents the threat of new entrants?


A) A dress shop opens next to a local boutique that specializes in women's clothing.
B) A fine jewelry store would like to open in a market where three other fine jewelry stores exist.
C) Customers of a clothing boutique learn of an online shop that sells the same clothing.
D) Thrifty Dresses, Inc. changed their credit terms to give preference to online vendors over brick-and-mortar stores.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions