According to Porter's Five Forces Model, Which of the Following

question 9

Multiple Choice

According to Porter's five forces model, which of the following firms would be least affected by the threat of substitutes?

• A)a used car dealership in New York
• B)a convenience store that sells retail products
• C)a firm that sells the only drug for a disease
• D)corner latte shops in Atlanta

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Definitions:

Difference

The quantitative distance or discrepancy between two values or results.

Test-Retest Reliability

The consistency of a measure or test over time, assessed by administering the same test to the same group on two different occasions.

Scores

Represents numerical expressions of performance or achievement often used in assessments and research.

Time 1

Refers to the initial point or first measurement time in a longitudinal study or time-series analysis.