Competitive Rivalry,the Bargaining Power of Suppliers and Customers,and the Threat

question 1

Multiple Choice

Competitive rivalry,the bargaining power of suppliers and customers,and the threat of substitute products and new entrants are the forces that jointly influence ________.

• A) industry profitability
• B) economies of scope
• C) product scale effects
• D) demographic trends

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Definitions:

Edna

a given name, possibly referring to a specific person, character, or entity, without additional context, its specific significance may vary.

Sociologists

Scientists who study society and social behavior by examining the groups, cultures, organizations, social institutions, and processes that people develop.

Monthly-plus Church Attendance

Monthly-plus church attendance describes the practice of going to church services more than once a month, indicating a higher level of religious engagement or commitment.

Born in Canada

A term referring to individuals who have their place of birth as Canada.