Overall, the Average Level of Performance in an Industry Is

question 13

Multiple Choice

Overall, the average level of performance in an industry is likely to be highest when

• A) the threat level of all five forces is high.
• B) the threat level of rivalry and substitutes is low, but the threat level of suppliers, buyers and new entrants is high.
• C) the threat level of rivalry, substitutes and new entrants is high, but the threat level of buyers and supplies is low.
• D) the threat level of all five forces is low.

---

Definitions:

Causality

The relation between cause and effect, where one event is understood to be a consequence of another.

Subjective Experience

Personal interpretations and feelings unique to an individual, not necessarily observable by others.

Cumulative

Increasing or enlarged by successive additions.

Immune System

The immune system is a complex network of cells, tissues, and organs that work together to defend the body against infection, disease, and foreign substances.