Which of the Following Scenarios Would Be the Most Favorable

question 125

Multiple Choice

Which of the following scenarios would be the most favorable to an existing firm in the industry according to the Porter model of the competitive environment?

• A)Many competitors,few entry barriers,and few customers.
• B)Many competitors,high threat of entry,many customers.
• C)Few entry barriers,many substitutes,many customers.
• D)High industry growth,many barriers to entry,customers have low bargaining power.
• E)Low industry growth,few barriers to entry,suppliers have low bargaining power.

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Definitions:

Internal Attributions

The process of inferring that personal factors, rather than external factors, are the cause of an event or behavior, suggesting that a person’s actions are due to their individual characteristics such as personality or effort.

Situational Causes

Factors in the environment that influence behavior, contrasted with dispositional factors which are traits or characteristics within the person.

Prejudice

Negative attitude held by a person about the members of a particular social group.

Discrimination

Treating people differently because of prejudice toward the social group to which they belong.