Porter's Five Forces Model Is Used to Evaluate Competition Based

question 30

Multiple Choice

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

• A) research and development, cost, legal regulations, suppliers, customers
• B) immediate rivals, potential entrants, customers, suppliers, and substitute products
• C) potential entrants, customers, suppliers, legal regulations, and cost
• D) immediate rivals, potential entrants, cost, substitute products, and legal regulations
• E) none of the above

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Definitions:

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Pay Period

The interval of time for which employee wages are calculated and paid, such as weekly, biweekly, monthly.

Dorsiflexion

The backward bending or lifting of the foot at the ankle, moving the toes closer to the shin.

Plantar Flexion

The movement of the foot in which the foot or toes flex downward toward the sole, decreasing the angle between the dorsum of the foot and the leg.