According to Porter's Five Forces Model, ____  Is Low When

question 42

Multiple Choice

According to Porter's Five Forces Model, ____  is low when customers have more options.

• A)supplier power
• B)buyer power
• C)new entrant power
• D)competitor power

---

Definitions:

Probability

The likelihood or chance of an event occurring, ranging from 0 (impossibility) to 1 (certainty).

Given Information

Any data, facts, instructions, or starting points provided as the basis for understanding or making decisions.

P(A / B)

A conditional probability representing the likelihood of event A occurring given that B has occurred.

Complement

The subset of outcomes in the universal set that are not in the specified event, often used in probability.