All of the Following Are Specified by Michael Porter as Factors

question 37

Multiple Choice

All of the following are specified by Michael Porter as factors that determine the nature and degree of competition in an industry except

• A) threat of new competitors.
• B) rivalry among existing competitors.
• C) industry cost/price structure.
• D) bargaining power of buyers and/or suppliers.

---

Definitions:

Benefit Corporation

A type of legal structure for businesses that seeks to make a positive impact on society, workers, the community, and the environment in addition to profit.

Positive Outcome

A result or effect that is beneficial, desirable, or favorable in terms of meeting objectives or expectations.

Multiple Objective Trap

The difficulty in decision making when facing several objectives that may not be completely compatible with each other.

Base-Of-The Pyramid Markets

Economic strategies focused on providing goods and services to the widest and poorest population segments.