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.

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Definitions:

Slave

A person who is legally owned by another person and is forced to work for them without pay.

Sea Captain

A person who commands and is responsible for a ship and its crew during sea voyages.

Regent Diamond

A famous diamond originally found in India, known for its size, beauty, and colorful history of ownership.

French Crown Jewel

Precious gems and ornaments that once belonged to the royalties of France.