Porter's Five Forces of Competition Include All of the Following

question 57

Multiple Choice

Porter's Five Forces of Competition include all of the following except

• A) Threat of new entrants
• B) Threat of substitute products or services
• C) Bargaining power of employees
• D) Bargaining power of buyers

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Definitions:

Negotiation

The process of discussing something with others to reach a mutual agreement.

FTC

stands for the Federal Trade Commission, a U.S. government agency tasked with consumer protection and the enforcement of antitrust laws to promote competition.

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and for value, and thus has certain rights to enforce the instrument free from many defenses.

Bankruptcy Protection

A legal status that provides a person or entity temporary relief from creditors and lawsuits while reorganizing or discharging debts under the bankruptcy code.