Which of the Following Industry Factors Influence the Profits Earned

question 5

Multiple Choice

Which of the following industry factors influence the profits earned by firms

• A) Value of the product to customers
• B) Intensity of competition
• C) Power of suppliers
• D) All of the above

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Definitions:

Problem/Causes/Solution

A method of structuring communication or analysis that identifies an issue, explores its root causes, and proposes possible solutions.

Exclude Alternatives

The act of intentionally leaving out other options or choices.

Pro/Con

A method of evaluating and presenting both the positive and negative aspects of a subject to assist in decision-making.

Tempo

The speed at which a passage of music or any other activity is performed, often dictating the rhythm and pace.