Which of the Following Is One of Michael Porter's Five

question 25

Multiple Choice

Which of the following is one of Michael Porter's five competitive forces?

• A) the bargaining power of suppliers
• B) the bargaining power of the government
• C) the threat of industrial slowdown
• D) the threat of technological obsolescence

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Definitions:

Baby Boomers

The generation born approximately between 1946 and 1964, known for experiencing economic prosperity and significant social changes.

Nepotism

A preference for hiring relatives of current employees.

Inbreeding

In a professional context, the practice of consistently hiring or promoting from within the organization, potentially limiting diversity and fresh perspectives.

Insourcing

The practice of assigning tasks or projects to individuals or teams within the same organization instead of outsourcing to an external entity.