Which of the Following Statements Is True About the Five

question 145

Multiple Choice

Which of the following statements is true about the five forces identified by Michael Porter, that
Determine the intrinsic long-run attractiveness of a market or market segment?

• A) A segment is unattractive if the company's suppliers are unable to raise prices or reduce quantity supplied.
• B) A segment is unattractive if buyers possess strong or growing bargaining power.
• C) A segment is attractive when there are actual or potential substitutes for the product.
• D) A segment is attractive if it already contains numerous, strong, or aggressive competitors.
• E) The most attractive segment is one in which entry barriers are low and exit barriers are high.

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Definitions:

Frequently On-site

Refers to the regular physical presence of individuals such as employees, contractors, or auditors at a business location or project site for work purposes.

Disparate Impact

A concept in U.S. anti-discrimination law where practices in employment, housing, or other areas, although neutral in their wording, disproportionately affect a particular group.

Affirmative Action

Policies and practices designed to increase opportunities for historically disadvantaged groups by factoring in traits such as race, color, gender, religion, or national origin.

Merit Principles

Guidelines that govern the fair and impartial treatment of government employees, focusing on performance and qualifications.