Porter's Five Forces Model Is Used to Evaluate Competition Based

question 30

Multiple Choice

Porter's Five Forces Model is used to evaluate competition based on which 5 aspects?

• A) research and development, cost, legal regulations, suppliers, customers
• B) immediate rivals, potential entrants, customers, suppliers, and substitute products
• C) potential entrants, customers, suppliers, legal regulations, and cost
• D) immediate rivals, potential entrants, cost, substitute products, and legal regulations
• E) none of the above

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Definitions:

Dying Process

The final stage of life, characterized by the decline of bodily functions leading to death.

Cadaver

A dead body. Human cadavers are used in medical schools for the purpose of dissection to learn the parts of the body.

Disengagement

The process of withdrawing from social relationships or roles, often seen in the elderly or those nearing end of life.

Master Status

The status (position) most important in establishing an individual’s social identity.