According to the Five Forces Model, an Unattractive Industry Would

question 50

Multiple Choice

According to the five forces model, an unattractive industry would include all of the following characteristics EXCEPT:

• A) low economies of scale needed for new firms to enter.
• B) low supplier power due to commodity inputs.
• C) high threat of substitute products due to a large number of low-cost alternatives.
• D) high bargaining power of buyers due to low switching costs.

---

Definitions:

Goods in Process Inventory

The value of incomplete products in a manufacturing process, representing materials, labor, and overhead costs incurred up to a certain point.