The Visibility of Internet Applications on the Web Makes Proprietary

question 37

Multiple Choice

The visibility of Internet applications on the Web makes proprietary systems more difficult to keep secret. This is an example of which of Porter's five forces?

• A)Threat of entry of new competitors
• B)Bargaining power of suppliers
• C)Bargaining power of customers
• D)Threat of substitute products
• E)Rivalry among existing firms in an industry

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Definitions:

Specifying a Research Plan

The process of outlining the objectives, methodologies, and resources required for conducting a market research project to gather relevant data.

Descriptive Research

A research method that involves observing and describing the behavior of a subject without influencing it in any way.

Secondary Data

Information that was collected for another purpose but can be repurposed for a current research need; it includes sources like reports, studies, and previous research.