Which of the Following Is NOT One of Michael Porter's

question 6

Multiple Choice

Which of the following is NOT one of Michael Porter's five forces?

• A)Threat of entry.
• B)Regulatory restrictions.
• C)Bargaining power of buyers.
• D)Bargaining power of suppliers.

---

Definitions:

Uniform Commercial Code

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.

Common Law

A legal system characterized by court-made precedents and inherited from England, forming the basis of jurisprudence in the United States and other countries formerly part of the British Empire.

Contracts

Legally enforceable agreements between two or more parties that create mutual obligations.

Invitation to Negotiate

A communication or action that suggests willingness for discussions to explore potential agreements or terms, but not constituting an official offer.