According to the Five Forces Model, Which of the Following

question 22

Multiple Choice

According to the five forces model, which of the following is viewed as a major risk to a business pursuing a cost-leadership strategy?

• A) Competition switching from non-price attributes to pricing
• B) Innovation that allows competitors to emerge with more economical replacements
• C) New entrants with small production scale
• D) Suppliers requesting a 2% price increase across the industry

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Definitions:

Quite

to a certain or fairly significant extent or degree.

Accepting

The act of receiving or agreeing to something with approval.

Their

A possessive pronoun used to indicate belonging to or associated with the people or things previously mentioned or easily identified.

Then

At that time; at the time in question.