The Porter Basic Competitive Forces Include All of the Following

question 28

Multiple Choice

The Porter basic competitive forces include all of the following except:

• A) bargaining power of suppliers.
• B) threat of government regulation.
• C) rivalry between existing competitors.
• D) threat of substitute products.

Understand the concept of economies and diseconomies of scale and their implications for production and firm size.

Recognize the characteristics and examples of natural monopolies and their market implications.

Comprehend the relationship between plant sizes, output ranges, and cost-efficiency in long-run production decisions.

Identify factors that lead to shifts or movements along cost curves in short-run and long-run scenarios.