Which of the Following Fundamental Insights Was Provided by Porter's

question 48

Multiple Choice

Which of the following fundamental insights was provided by Porter's five forces framework from the completion of the Alta Velocidad Española (AVE) ?

• A) A strong threat of substitutes decreases the rivalry among existing competitors.
• B) All the five forces must work together to have a meaningful impact.
• C) Any of the five forces on its own, if sufficiently strong, can extract industry profitability.
• D) Competition must be defined more narrowly to remain confined to the industry's closest competitors.

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Definitions:

Continuity

The presence of a complete path for current flow in an electrical circuit, indicating that it is closed and conductive.

Fusible Elements

Components designed to melt or fuse when exposed to high temperatures, acting as a safety device in electrical or mechanical systems.

Category III

A classification referring to a set of standards or conditions, often related to safety or performance levels in technical or electrical fields.

High-Voltage System

Refers to electrical systems or components that operate at elevated voltages, often found in electric vehicles and industrial equipment.