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

question 16

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)a corner latte shop in Atlanta

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Definitions:

CT Scan

Computerized Tomography Scan, a medical imaging procedure that combines a series of X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object.

Fractures

Breaks or cracks in a bone, often identified and assessed through various imaging modalities like X-rays, CT scans, or MRI.

Interventional Radiology

A subspecialty of radiology utilizing minimally invasive image-guided procedures to diagnose and treat diseases in nearly every organ system.

Radioactive Substances

Materials containing unstable atoms that decay, emitting radiation in the form of alpha, beta, or gamma rays.