Which of the Following Is Not Among Porter's Competitive Forces

question 44

Multiple Choice

Which of the following is not among Porter's competitive forces?

• A)power of buyers
• B)power of suppliers
• C)threat of new entrants
• D)changing consumer tastes

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Definitions:

Net Domestic Product Per Capita

A measure of a country's economic output per person, excluding the costs of depreciation of capital goods. It gives an indication of the average standard of living and economic well-being of the population.

Command-based Economy

An economy where production, investment, prices, and incomes are determined centrally by a government.

Gini Coefficient

A measure of the distribution of wealth within a country.

Reserve Requirement

The minimum amount of cash reserves a commercial bank must hold.