The Five Competitive Forces Model When Used Collectively Determines an Industry's

question 18

True/False

The five competitive forces model when used collectively determines an industry's long-term attractiveness regarding: rivalry among present competitors; threat of new entrants into the industry; the bargaining power of suppliers; the bargaining power of buyers; and the threat of substitute products.

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Definitions:

States

Distinct territorial and political entities within a federal system, possessing their own government and autonomy to some extent.

Drinking Water

Water that is considered safe and clean for human consumption, meeting established health standards.

State Governments

represent the governing bodies of individual states in a federal system, responsible for local law and order, education, and public health, among other areas.

Standard

An established criterion or model regarded as a basis for comparison or assessment in various fields, including quality, behavior, or regulation.