_______ in the Five Forces Model Is High When It

question 22

Multiple Choice

_______ in the Five Forces Model is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to entering a market.

• A) Buyer power
• B) Supplier power
• C) Threat of new entrants
• D) Rivalry among existing competitors

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Definitions:

Z-Scores

Standardized scores that indicate how many standard deviations an element is from the mean of its data set.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the set depart from the mean.

Z-Scores

Standardized scores that indicate by how many standard deviations an element is from the mean.

Z-Score

Another term for standard score, indicating the number of standard deviations a data point is from the mean of its distribution.