Which of the Following Statements Is True About Porter's 5-Forces

question 11

Multiple Choice

 Which of the following statements is true about Porter's 5-Forces Model?

• A) The level of threat of entry from competition is generally the same across all industries.
• B) Every industry and market is different in terms of who maintains the power in the buyer-supplier relationship.
• C) The buyer or customer has no power to force down prices in an industry.
• D) Not all companies face the threat of substitutes.

Recognize the purpose and effects of anti-discrimination laws.

Understand the differences between various compensation structures and their impacts on worker motivation and productivity.

Identify the reasons and correct procedures for employee terminations and separations.

Understand how internal employee movements (promotions, transfers) and compensation adjustments are managed.

---

Definitions:

Production

The process of creating goods and services through the combination of labor, capital, and natural resources.

Pizza

A popular dish originating from Italy, consisting of a round, flattened base of leavened wheat-based dough topped with tomatoes, cheese, and various other ingredients.

Optimal Level

The most favorable point at which the benefits of an action exceed its costs the most, often related to production or consumption.

Production

The process of creating goods and services through the combination of labor, materials, and technology.