According to Porter,the Nature of the Interaction Between Potential Industry

question 15

Multiple Choice

According to Porter,the nature of the interaction between potential industry entrants,buyers,substitute products,suppliers,and rival firms determines:

• A)whether or not the government will launch an antitrust investigation.
• B)the industry's profit potential in terms of long-run return on invested capital.
• C)whether a country can generate a balance of payments surplus.
• D)whether a country can create a comparative advantage in the production of differentiated products.
• E)whether a country can generate income by innovation.

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Definitions:

Aggressive Reactions

Responses characterized by anger or hostility, often as a result of provocation or frustration.

Commitment

A pledge or promise to do something, often involving dedication to a cause, project, relationship, or goal.

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, problem-solving, and language.