Porter's Five Forces Model States That the Competitive Forces Determine

question 93

Multiple Choice

Porter's five forces model states that the competitive forces determine ____________.

• A) industry profitability
• B) industry sustainability
• C) industry characteristics
• D) industry standards
• E) industry competition

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Definitions:

Career Counseling

A process that helps individuals understand themselves and the world of work in order to make career, educational, and life decisions.

Racial/Ethnic Diversity

The inclusion and representation of different racial and ethnic groups within a community or organization.

Labor Force

The total number of people who are employed or actively looking for employment.

Great Depression

A severe worldwide economic depression that took place during the 1930s, marking the longest and most widespread depression of the 20th century.