According to Porter's Model,a Strong or High Force Is Likely

question 44

Multiple Choice

According to Porter's model,a strong or high force is likely to reduce profits and can be regarded as a(n)

• A) benefit.
• B) opportunity.
• C) advantage.
• D) threat.
• E) risk.

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Definitions:

Mean Service Rate

The average rate at which service is provided, typically used in queuing theory to measure efficiency.

Average Time

The mean value that summarizes how long a process or task takes, calculated by dividing the total time by the number of occurrences.

System

A set of connected or interrelated entities that form a unified whole, functioning together towards a common goal.

Poisson Process

A Poisson process is a statistical process that models the occurrence of random events in a fixed interval of time or space.