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:

UCS

An abbreviation for Unconditioned Stimulus, a stimulus in classical conditioning that automatically triggers a response without any prior learning.

Determinism

The philosophical concept that all events, including moral choices, are determined completely by previously existing causes.

Structuralism

a method of interpretation and analysis in psychology, linguistics, and anthropology that views elements of human culture in terms of their relationship to a larger, overarching system or structure.

Pantheism

The belief or doctrine that God is identical with the universe, or that everything composes an all-encompassing, immanent God.