Which of the Following Is One of the Five Forces

question 33

Multiple Choice

Which of the following is one of the five forces Michael Porter identified as being the ones to determine an industry's overall attractiveness and potential for long-term profitability?

• A)existence of complementary products  
• B)organizational structure  
• C)existing benchmarks  
• D)bargaining power of suppliers

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Definitions:

Homo Sapiens

The scientific name for modern humans, characterized by their ability for complex language and social structures.

Consciously Design Tools

The intentional creation or modification of tools or devices through thoughtful planning and creative thought, often to solve a specific problem.

Homo Habilis

Oldest known species in genus Homo; lived in Africa from approximately 2.5 to 1.6 mya.

Industrial Revolution

A period of major industrialization during the late 18th and early 19th centuries that transformed primarily agrarian, rural societies into industrialized, urban ones.