Multiple Choice
According to Porter's five forces model, a student's choice of lunch options at a large food court would be an example of a strong force for ________.
A) rivalry
B) threat of new entrants
C) threat of substitutions
D) bargaining power of customers
E) industry power
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Porter defined value as the _.<br>A) amount
Q3: Briefly describe the concepts of value, margin,
Q4: Which of the following is a primary
Q5: The competitive strategy of locking in customers
Q6: Reduction in production cost results in _.<br>A)
Q7: Give an example of a technology that
Q8: Kai runs a local auto parts store.
Q9: Lynn, the manager of a transportation company,
Q10: According to Porter's four competitive strategy model,
Q11: Locking in customers by making it difficult