Which of the Following Factors Did Michael Porter Identify as Determining

question 20

Multiple Choice

Which of the following factors did Michael Porter identify as determining the nature and degree of competition in an industry?

• 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

---

Definitions:

Webcast

A media presentation distributed over the Internet using streaming technology, allowing live or on-demand access to video or audio content.

Bullet Points

A list format used to present information clearly and concisely, usually with small dots or symbols marking each item.

One Sentence Summary

A one sentence summary succinctly encapsulates the main point or essence of an article, book, or document in a single sentence.

Slide Deck

A collection of slides used in a presentation to convey information visually, often through a digital platform such as PowerPoint.