Which of Porter's Five Forces Is Most Directly Influenced by the Number

question 41

Multiple Choice

Which of Porter's five forces is most directly influenced by the number and balance of competitors, degree of difference between products, growth rate of an industry, and level of fixed costs?

• A) Threat of New Entrants
• B) Rivalry Among Existing Firms
• C) Threat of Substitutes
• D) Bargaining Power of Buyers
• E) Bargaining Power of Suppliers

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Definitions:

Office Workers

Individuals who perform administrative or clerical tasks in an office setting, often using computers, telephones, and other office equipment.

Industrialized Countries

Nations characterized by high levels of industrial activity, technological advancement, and higher standards of living.

Unionized

Refers to workers who are members of a union, an organization that represents employees in negotiations with employers over wages, benefits, and working conditions.

Paid Vacation Days

Days allotted to employees during which they are paid their usual salary while not required to work, often for rest and recreation.