Elements of the Five Forces Can Be Quantified

question 106

Multiple Choice

Elements of the five forces can be quantified.This is important for analyzing industry structure.Which of the following is not an example of an element that can be quantified?

• A) the percentage of the buyer total cost accounted for by the industry product
• B) the percentage of industry sales required to fill a plant or operate a logistical network to efficient scale
• C) the buyer switching cost
• D) the governmental regulatory policy

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Definitions:

Real Number

A value that represents a quantity along a continuous line, including both rational and irrational numbers.

Arithmetic Operators

Operators in programming that perform mathematical calculations such as addition, subtraction, multiplication, division, and modulus.

Operand

An object that is manipulated by an operator in a mathematical operation or expression.

Literal Value

A fixed value explicitly presented in source code, such as numerical constants, character constants, or string literals.