The Three Competitive Forces in Porter's Model Concern the Danger

question 51

True/False

The three competitive forces in Porter's model concern the danger of customers taking their business elsewhere.

---

Definitions:

Non-controlling Interest

A portion of the equity in a subsidiary not owned directly or indirectly by the parent company.

Voting Shares

Voting shares represent ownership in a company with the rights to vote on corporate policy and decisions.

Open Market

An open market is a scenario without trade barriers, where buyers and sellers are allowed to trade goods or securities freely without restrictive regulations.

Second Purchase

The act of buying a product or service for the second time after the initial purchase.