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:

Gender Socialization

The process by which individuals learn the cultural norms and expectations traditionally associated with their gender through family, media, education, and other societal influences.

Conflict Theorists

Scholars who view social life as a competition, and focus on the distribution of resources, power, and inequality.

Extended Family

A familial grouping that extends beyond the nuclear family to include grandparents, aunts, uncles, and other relatives.

Family Wage System

An economic system where wages paid are sufficient to support a worker's entire family.