__________Is One of the Forces of the Five Forces Model

question 74

Multiple Choice

__________is one of the forces of the Five Forces Model created by Michael Porter.

• A) Rivalry among customers
• B) Government regulations
• C) Threat of new entrants
• D) Taxable services
• E) Select

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Definitions:

Variable Costs

Expenditures that shift in direct relation with the amount of output or sales, including raw materials and direct labor costs.

Cost-volume-profit Analysis

An analytical tool used to determine how changes in cost, volume, and profit affect a company's profit.

Sales Mix

The proportion of different products or services that a company sells, intended to maximize profitability.

Relevant Range

The relevant range refers to the range of activity or volume over which the assumptions about variable and fixed cost behaviors hold true for management decision-making purposes.