__________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:

Incidental Beneficiary

A third party who benefits from a contract between two other parties, without being specifically intended to benefit by those parties.

Intended Beneficiary

A person or entity for whom a contract is specifically made to benefit, having the legal right to enforce the contract if not fulfilled.

Assignable

The capability of a contract or other legal document to be transferred from one party to another.

Membership

The state or condition of being a member or part of an organization or group.