According to the Five-Forces Model,an Attractive Industry Would Have All

question 16

Multiple Choice

According to the five-forces model,an attractive industry would have all of the following characteristics except:

• A) Low barriers to entry
• B) Suppliers and buyers with little bargaining power
• C) A moderate degree of rivalry among competitors
• D) Few good product substitutes

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Definitions:

Improved

Describes something that has been made better or enhanced in quality, performance, or efficiency.

Homesteading

A process where settlers could acquire land at little or no cost in exchange for cultivating it, particularly promoted by the Homestead Act of 1862 in the USA.

Dodge City

Dodge City is a historic town located in Ford County, Kansas, known for its roots in the American Old West as a frontier cowboy town, famous for its lawmen and gunfights.

Annual Rainfalls

The total amount of precipitation, measured in inches or millimeters, that falls in a given location over the course of a year.