All of the Following Are Examples of Factors in Porter's

question 6

Multiple Choice

All of the following are examples of factors in Porter's market internal competition force except _____.

• A)speed of industry growth
• B)buyer propensity to substitute
• C)exit barriers
• D)switching costs
• E)capacity utilization

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Definitions:

Sustainable Development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Green Marketing

Marketing efforts focused on promoting products or services based on their environmental benefits, often highlighting sustainability and eco-friendly practices.

Stakeholder Responsibility

The obligations of an organization towards individuals or groups that have a stake in its operations and decisions, including employees, customers, and the community.

Marketing Concept

A business philosophy suggesting that achieving organizational goals depends on knowing the needs and wants of target markets and delivering desired satisfactions better than competitors.