Which of the Following Offers an Example Where Porter's Five

question 152

Multiple Choice

Which of the following offers an example where Porter's Five Forces are mostly weak and competition is low?

• A)An international hotel chain purchasing milk.
• B)A coffee shop.
• C)A single consumer purchasing milk.
• D)A dog walking business.

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Definitions:

Jacquard Loom

An early mechanical loom invented by Joseph Marie Jacquard, which used punched cards to control the weaving of intricate patterns in fabric.

Mechanical Switches

Devices that open or close circuits to control the flow of electricity, often used in keyboards and other mechanical devices.

Portable

Characteristic of a device or software that can be easily carried or moved, especially devices that can operate independently of a fixed power source.

Operating System

An application controlling the computer's hardware, managing software resources, and providing universal services for various computer applications.