Which of the Following Is NOT One of Five Forces

question 65

Multiple Choice

Which of the following is NOT one of five forces identified in Michael Porter's five-forces model?

• A) The rivalry among existing competitors
• B) The threat of new entrants
• C) The threat of substitute products and services
• D) The threat of new information systems

---

Definitions:

Rejection

In contract law, an express or implied manifestation of an offeree’s unwillingness to contract on the terms of an offer. In sales law, a buyer’s refusal to accept goods because they are defective or nonconforming.

Firm Offer

A legally binding proposal in contract law, ensuring the offer remains open for a specified time without the need for consideration.

Irrevocability

The quality of being irreversible or unchangeable, often used in legal contexts to describe contracts or decisions that cannot be revoked or undone.

Unilateral Contract

A contract in which one party makes a promise in exchange for the other party's performance, becoming binding once performance is completed.