Michael Porter's Five Competitive Forces Include Which One of the Following

question 28

Multiple Choice

Michael Porter's five competitive forces include which one of the following:

• A)Global competition
• B)Intensity of demand by customers.
• C)Bargaining power of competitors.
• D)Intensity of rivalry among competitors.
• E)None of the above.

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Definitions:

Viability

A measure of whether a project, business, or concept can sustain itself and succeed in the long-term.

Skilled Workforce

A labor pool consisting of workers who have specialized training, knowledge, and abilities in their respective fields.

HR Managers

Professionals responsible for overseeing employee-related functions such as hiring, training, and benefits in an organization.

Line Managers

Non-HR managers who are responsible for overseeing the work of other employees.