Which of the Following Is Not Identified by Porter as One

question 77

Multiple Choice

Which of the following is not identified by Porter as one of the five forces that explains competition in an industry?

• A)threat of new entrants
• B)threat of substitute products or services
• C)bargaining power of suppliers
• D)bargaining power of competitors
• E)the competitive rivalry among current members

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Definitions:

Abstract Traits

Qualitative characteristics that are not tangible or concrete, involving complex thinking and understanding.

Perspective-Taking

The ability to understand a situation or concept from an alternative point of view, often considering another person's thoughts, feelings, and motivations.

Selman's Stages

A theory outlining the stages of social understanding and perspective-taking in children and adolescents.

Society's Expectations

Are the norms, values, and roles that a society presumes and projects onto its members, influencing behavior and social interactions.