In the Center of Porter's Five Forces Model Is Competition

question 65

Multiple Choice

In the center of Porter's Five Forces model is competition. Which of the below represents the four outer boxes?

• A)Buyer power, systems power, threat of false entrants, and threat of substitute products or services
• B)Buyer power, systems power, threat of new entrants, and threat of substitute products or services
• C)Buyer power, supplier power, threat of new entrants, and threat of substitute products or services
• D)Business power, supplier power, threat of new entrants, and threat of powerful services

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Definitions:

Massed Practice

A method of learning that involves studying material intensively over a short period of time without taking breaks.

Automatic Processing

A type of cognition that occurs without conscious awareness or effort, often involving routine tasks.

Encoded

The process of converting information into a particular form, often for storage, transmission, or processing in communications and information technology.

Tournament Game

A competition involving a series of games or rounds, where the outcome determines the advancement to subsequent rounds.