According to Porter's Five Competitive Forces,_____ Recognizes That Active Competition

question 15

Multiple Choice

 According to Porter's five competitive forces,_____ recognizes that active competition among industry members helps determine industry performance and it is the most direct and intense form of competition. 

• A) rivalry among existing firms
• B) threat of new entrants
• C) threat of substitute products
• D) bargaining power of suppliers

---

Definitions:

Commercial World

The realm of business and trade, encompassing activities, interests, and the community involved in the exchange of goods and services.

Globally Integrated

Refers to businesses or systems that are fully interconnected and operate seamlessly across international borders.

Merchandising Rights

Intellectual property rights pertaining to the use of a name, image, or character on commercial products.

Unauthorized Sales

Sales conducted without the legal or official permission from the rightful owner or authority.