Which One of Porter's Five Forces Is High When It

question 26

Multiple Choice

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

• A) Threat of new entrants.
• B) Threat of substitute products or services.
• C) Threat of buyer power.
• D) Supply chain competition.

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Definitions:

Categorical Imperative

The categorical imperative is a foundational concept in Kantian ethics implying an absolute, unconditional requirement that must be obeyed in all circumstances and is justified as an end in itself.

Religious Conviction

A firm belief in a religious doctrine or faith.

Action Guide

A resource or tool that provides advice and strategies to accomplish specific goals or tasks.

Justification

The action of showing something to be right or reasonable, often used in legal and ethical contexts.