In Porter's Five Factor Model,each of the Three Competitive Forces

question 93

Multiple Choice

In Porter's five factor model,each of the three competitive forces concerns the danger of ________.

• A) suppliers favoring rival companies
• B) customers taking their business elsewhere
• C) investors refusing to back new projects
• D) employees not working toward organizational goals

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Definitions:

Sampling Distribution

The distribution of a statistic (like the mean or proportion) derived from a large number of samples of the same size drawn from the same population.

Standard Error

The standard deviation of the sampling distribution of a statistic, mostly used to measure the accuracy of a sample's mean.

Population Standard Deviation

A measure of the dispersion or variability of a set of data points in a population, quantifying how much the data points differ from the population mean.

Simple Random Sampling

A sampling method in which each member of a population has an equal chance of being selected.