In the Five Forces Model Developed by Michael Porter, ________

question 99

Multiple Choice

In the five forces model developed by Michael Porter, ________ is not defined narrowly as a firm's closest competitors but rather more broadly to include other factors in an industry like buyers, suppliers, potential new entry of other firms, and the threat of substitutes.

• A) a stakeholder
• B) regulation
• C) competition
• D) a barrier to entry

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Definitions:

Low Tides

The state of the tide when the water level is at its lowest point, occurring between two high tides in a tidal cycle.

High Tides

Periodic rise and fall of sea levels caused by the gravitational forces exerted by the moon and sun in combination with the rotation of Earth.

Spinning Globe

A representation of the Earth that rotates on an axis, often used as a model to illustrate global geography and rotation.

Moon's Gravity

The gravitational force exerted by the Moon, affecting tides on Earth and the motion of spacecraft and objects on the Moon's surface.