​The Five Forces Model Is a Framework

question 47

Multiple Choice

​The five forces model is a framework

• A)​For increasing buyer power in the market
• B)For improving competition in the industry
• C)For analyzing the attractiveness of an industry
• D)​For increasing supplier power in the market

---

Definitions:

Basic Features

Fundamental attributes or characteristics that define objects, concepts, or systems.

Types

Categories or classes into which people, objects, or phenomena are grouped based on shared characteristics.

Quasi-Experiments

Research designs that lack random assignment of participants to conditions but employ other methods to examine cause-and-effect relationships.

Quasi-Experimental Designs

Research designs that approximate the control features of true experimental designs but lack random assignment to treatment and control groups.