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:

Receivable

An amount of money owed to a company by its customers or clients for goods or services provided on credit.

Installation

The process of setting up software or hardware to make it ready for use, or the setting up of machinery or equipment for operational purposes.

Unsatisfactory Performance

The failure to meet established performance standards or expectations in a job or task.