Michael Porter Divides Competitive Structure into Five Basic Competitive Forces

question 33

Multiple Choice

Michael Porter divides competitive structure into five basic competitive forces. Which one of the following does not belong?

• A)Threat of entry by new competitors
• B)Bargaining power of the buyers
• C)Bargaining power of the sellers
• D)The relative profit margins between competitors
• E)Rivalry among existing competitors

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Public Accommodations

Facilities and establishments that provide goods or services to the general public, which are required by law in many jurisdictions to be accessible and non-discriminatory.

Eighth Amendment

Part of the U.S. Constitution prohibiting the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Executions

The act of carrying out a death sentence against a condemned person by the state as a punishment for a crime.