Typically,the Weakest of the Five Competitive Forces in an Industry

question 7

Multiple Choice

Typically,the weakest of the five competitive forces in an industry is/are:

• A) the threat posed by potential new entrants.
• B) the bargaining power and leverage that suppliers are able to exercise.
• C) the competitive pressures that stem from the ready availability of attractively priced substitute products.
• D) the bargaining power and leverage that buyers are able to exercise.
• E) None of these is typically the weakest.

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Definitions:

Political Process Theory

A theory in sociology that emphasizes the importance of political conditions in the development and outcomes of social movements.

Relative Deprivation Theory

A sociological theory suggesting individuals evaluate their wealth and social status in relation to others, feeling deprived if they perceive themselves as having less.

Value-Added Theory

A sociological theory that views social movements as having layered, accumulative causes such as structural strain, growth and spread of a solution, and the lack of social control.

Mass Society Theory

A sociological theory suggesting that mass media and industrialization lead to a loss of traditional social ties, creating a mass of isolated individuals.