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

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period, after accounting for purchases and sales during the period.

Toasters

Electrical appliances designed for browning slices of bread through the application of radiant heat.

Inventory Balance

The total value or quantity of all the goods and materials held by a company or business for the purpose of resale or production.

Men's Shoes

Footwear specifically designed and made for men.