Overall, the Average Level of Performance in an Industry Is

question 13

Multiple Choice

Overall, the average level of performance in an industry is likely to be highest when

• A) the threat level of all five forces is high.
• B) the threat level of rivalry and substitutes is low, but the threat level of suppliers, buyers and new entrants is high.
• C) the threat level of rivalry, substitutes and new entrants is high, but the threat level of buyers and supplies is low.
• D) the threat level of all five forces is low.

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Definitions:

Exaggerating

The act of making something seem greater, more important, or more serious than it actually is.

Cues

Signals or indicators that guide actions or responses in a particular context or environment.

Interaction

The process by which entities or individuals act upon or influence each other, often leading to a change in behavior or outcome.

Consistency Cue

A psychological signal or indicator that suggests stability and reliability in a person's behavior or in the information presented over time.