According to Porter's Five Forces Model, Which of the Following

question 24

Multiple Choice

According to Porter's five forces model, which of the following firms would be least affected by the threat of substitutes?

• A) a used car dealership in New York
• B) a convenience store that sells retail products
• C) a firm that sells the only drug for a disease
• D) a corner latte shop in Atlanta
• E) a food vendor at a county fair

---

Definitions:

Alternate Form

A variant or different version of something, often used in the context of tests or assessments to reduce the effect of memorization or test practice.

Inter-rater

A measure of agreement among different people rating or assessing the same thing, ensuring consistency in evaluations across different observers.

Test-retest Reliability

The consistency of a psychological test or assessment over time when given to the same individuals.

Internal Consistency

A measure of the reliability of a psychological test or survey, indicating how well the items on the test measure the same construct or concept.