Which Forces Typically Represent Horizontal Competition in a Value Chain

question 86

Multiple Choice

Which forces typically represent horizontal competition in a value chain?

• A) Rivalry among existing firms and supplier power.
• B) Potential entry and buyer power.
• C) Substitutes and potential entry.
• D) Buyer power and supplier power.

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Definitions:

General Ledger

A comprehensive record of all financial transactions that occur within a company, used to compile financial statements.

Posting

The procedure of transferring journal entries to the ledger accounts.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

General Journal

A primary accounting record used to record all types of transactions, including adjustments, in chronological order.