The Third Force in the Porter Competitive Forces Model Is

question 46

True/False

The third force in the Porter Competitive Forces model is the bargaining power of intermediaries.

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Definitions:

F-test

is a statistical test used to compare the variances of two populations to determine if they are equal or not.

F-test Statistic

A value used to determine if there are significant differences between the variances of two or more datasets.

MS

An acronym that can stand for Mean Square, a term used in ANOVA, indicating the average of the squares of differences (variances) within groups.

F-test Statistic

A statistical test used to compare two variances to see if they come from populations with equal variances.