____  Is One of the Forces of the Five Forces

question 92

Multiple Choice

____  is one of the forces of the Five Forces Model created by Michael Porter.

• A)Rivalry among customers
• B)Government regulations
• C)Threat of new entrants
• D)Taxable services

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Definitions:

Fair Market Value

The estimated price at which an asset would sell in the marketplace when both buyer and seller are reasonably knowledgeable and willing parties.

Accountant

A professional who performs accounting functions such as audits or financial statement analysis. Accountants can also advise on financial strategies and tax planning.

Gross Income

The total income earned by an individual or a business before any deductions or taxes are taken out.

Political Subdivision

An administrative division of a country that is granted certain powers and responsibilities by legislation, such as a city, county, or district.