Which of the Following Is Not a Factor That Affects

question 40

Multiple Choice

Which of the following is not a factor that affects the intensity of competition?

• A) Power of suppliers
• B) Pace of technological change
• C) Power of buyers
• D) Barriers to entry

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Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain period.

Unearned Revenue

Income received by a company for services or products yet to be delivered or provided, often considered a liability until the service or product is delivered.

Tutoring Services

Professional educational services provided to individuals or small groups to improve their understanding and performance in specific subjects or skills.

Contract

A legally binding agreement between two or more parties defining the terms and conditions of a particular arrangement or transaction.