Which Factor Determines the Nature and Degree of Competition in an Industry,as

question 88

Multiple Choice

Which factor determines the nature and degree of competition in an industry,as identified by Michael Porter in his book Competitive Advantage?

• A)The interest of small businesses
• B)Bargaining power of competitors
• C)Threat of substitute products or services
• D)The macroeconomic level of the industry

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Definitions:

Interest Rates

Interest rates are the cost of borrowing money expressed as a percentage of the total amount loaned, influencing economic activity by affecting spending and saving behaviors.

Premium

The amount paid for an insurance policy, or the extra cost for financial instruments or securities about their nominal or face value.

Duration

A measurement of the sensitivity of the price of a bond or other debt investment to changes in interest rates, typically expressed in years.

Term To Maturity

The length of time until the principal amount of a bond or other debt instrument is due to be repaid.