Which of the Following Is not a Competitive Force Suggested

question 76

Multiple Choice

Which of the following is not a competitive force suggested by Porter?

• A) Rivalry among existing competitors
• B) Threat of new entrants
• C) Threat of substitute products
• D) Government and regulatory influences
• E) None of the above (that is, all are competitive forces)

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Definitions:

Lean Business Model

A strategic approach to running a company that emphasizes creating more value for customers with fewer resources.

Elimination Of Waste

The process of identifying and removing unnecessary processes, materials, and activities to improve efficiency.

Positive Return

A positive return occurs when an investment generates a profit, indicating that the final value is greater than the initial investment amount.

Managerial Accounting

The practice of analyzing, interpreting, and communicating financial information to managers for the purpose of achieving business goals.