The Most Powerful of the Five Competitive Forces Is USUALLY

question 74

Multiple Choice

The most powerful of the five competitive forces is USUALLY

• A) the competitive pressures that stem from the ready availability of attractively priced substitute products.
• B) the competitive pressures associated with the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry.
• C) the benefits that emerge from close collaboration with suppliers and the competitive pressures that such collaboration creates.
• D) the competitive pressures associated with the potential entry of new competitors.
• E) the bargaining power and leverage that large customers are able to exercise.

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Definitions:

Regressive Tax Structure

A tax system where the rate decreases as the taxable amount increases, disproportionately affecting lower-income individuals.

Proportion

A part, share, or number considered in comparative relation to a whole.

Income

The money received by an individual or group for their labor, investments, or other revenue-generating activities.

Progressive Tax Structure

A tax system in which the tax rate increases as the taxable amount or income increases, imposing a higher percentage rate on higher income earners.