Four of the Following Are Porter's Competitive Forces EXCEPT

question 24

Multiple Choice

Four of the following are Porter's competitive forces EXCEPT:

• A) Differentiation.
• B) Bargaining power of buyers.
• C) Bargaining power of suppliers.
• D) Threat of substitute products.
• E) Potential new entrants.

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Definitions:

Outsourcing Vendor

A third-party company or individual that provides goods or services to another entity under contract, often to cut costs or focus on core business activities.

Negotiating

The process of discussing and reaching a mutual agreement between parties with differing needs or perspectives.

Termination Clause

A provision within a contract that specifies the conditions under which the contract may be ended by either party.

Current Service Levels

The existing extent and quality of services provided by an organization or team, prior to any improvements or changes.