The Intensity of Each of the Five Forces Determines

question 118

Multiple Choice

The intensity of each of the five forces determines:

• A) the bargaining power of the customers.
• B) how long the company will be in business.
• C) how high the barrier to entry will be.
• D) how profitable the industry is.

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Definitions:

Nonprofit Boards

Governing bodies responsible for overseeing the mission, strategic direction, and financial policies of nonprofit organizations.

Critical Issues

Significant, urgent problems or challenges that require immediate attention and action to avoid negative consequences.

Self-Perpetuating Board

A board of directors that has the authority to appoint its own members, often seen in nonprofit organizations, ensuring continuity and stability in governance.

New Members

Individuals who have recently joined an organization, group, or community, often bringing fresh perspectives and energy.