According to the Five Forces Model, There Are Five Competitive

question 71

Multiple Choice

According to the Five Forces Model, there are five competitive forces that determine the level of ________ in an industry.

• A) competition and profitability
• B) entry and exit
• C) product differentiation
• D) supply and demand

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Definitions:

Older People

Individuals who are in the later stages of life, often defined as being of retirement age or older, usually experiencing age-related changes.

Use

In the context of substance use, it refers to the consumption or application of a particular substance by an individual.

Health Expectancy

A statistical measure of how long people can expect to live without serious health problems.

Lifestyle Changes

Adjustments made in an individual's habits and behaviors that impact overall health and well-being.