According to the Five-Forces Model,an Unattractive Industry Would Include All

question 19

Multiple Choice

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

• A) Low economies of scale needed for new firms to enter
• B) Low supplier power due to commodity inputs
• C) High threat of substitute products due to a large number of low cost alternatives
• D) High bargaining power of buyers due to low switching costs

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Definitions:

Drive-Reduction Theory

A theory of motivation proposing that the primary motivation of all organisms is to reduce their drives, such as hunger, thirst, or the need for warmth.

Stimulus Motive Theory

The concept that behavior is motivated by a desire to increase stimulation in order to maintain an optimal level of arousal.

Evolutionary Theory

A scientific theory that explains how species change over time through mechanisms like natural selection and genetic variation.

Cognitive Appraisal Theory

A theory in psychology that describes the process in which an individual evaluates and interprets a situation, influencing their emotional reaction.