Firms Use the Five Forces Model to Identify the of the Industry

question 50

Multiple Choice

Firms use the five forces model to identify the of the industry as measured by its

• A)size; number of competitors.
• B)globalization; exports.
• C)hypercompetition; technology diffusion.
• D)attractiveness; profitability.

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Definitions:

Cohesion

Property of a substance (such as water) that arises from the tendency of its molecules to resist separating from one another.

Osmosis

Diffusion of water across a selectively permeable membrane; occurs in response to a difference in solute concentration between the fluids on either side of the membrane.

Sieve Elements

Living cells that compose sugar-conducting sieve tubes of phloem. Each sieve tube consists of a stack of sieve elements that meet end to end at sieve plates.

Osmosis

The movement of water molecules through a semipermeable membrane from a region of lower solute concentration to higher concentration.