In the Center of Porter's Five Forces Model Is Competition

question 65

Multiple Choice

In the center of Porter's Five Forces model is competition. Which of the below represents the four outer boxes?

• A)Buyer power, systems power, threat of false entrants, and threat of substitute products or services
• B)Buyer power, systems power, threat of new entrants, and threat of substitute products or services
• C)Buyer power, supplier power, threat of new entrants, and threat of substitute products or services
• D)Business power, supplier power, threat of new entrants, and threat of powerful services

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Definitions:

Creative

Having the ability or power to create, characterized by originality of thought or inventiveness.

Psychosexual Development

A theory introduced by Sigmund Freud that describes how personality develops during childhood through a series of stages centered on erogenous zones.

Fixation

In psychoanalytic theory, leaving a disproportionate share of one’s libido behind at an earlier stage of development.

Libido

A term in psychoanalytic theory for the energy of the sexual drive as a component of the life instinct.