According to Porter's Model, Cost of Transportation Is One of the Five

question 109

True/False

According to Porter's model, cost of transportation is one of the five forces that influence industry competition.

---

Definitions:

Mainstream Society

A term referring to the dominant trends, values, and norms of a society or social group in which the majority participates.

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Social Class

A categorization of individuals in a community by their social and economic positions.

Marriage

A legally or formally recognized union between two people as partners in a personal relationship.