Which of the Following Forces Was NOT Originally a Part

question 63

Multiple Choice

Which of the following forces was NOT originally a part of Michael Porter's fives forces model?

• A) Threat of substitute products or services
• B) Bargaining power of buyers
• C) Rivalry among existing competitors
• D) Strategic role of complements

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Definitions:

Developed, Democratic Countries

Nations characterized by advanced economic development, democratic governance, and high levels of social welfare.

Market Economies

Economic systems where supply and demand from consumers drive the production, allocation, and distribution of resources.

Privatisation

The selling of state‐owned enterprises into private ownership.

State-Owned Enterprises

Organizations that are owned and operated by the government and play a role in the delivery of public services or the production of goods.