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Which of the Following Is One Among the Five Major

question 75

Multiple Choice

Which of the following is one among the five major forces in the competitive or industry environment as proposed by Michael Porter?


Definitions:

Constraints

Conditions or limitations within which a system, process, or project must operate.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Net Realizable Value

The estimated selling price of goods, minus the costs of their completion and disposal, used in valuing inventory and accounts receivable.

Profit Margin

A financial metric representing the percentage of revenue that remains as profit after accounting for the cost of goods sold and other expenses.

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