According to Michael Porter,there Are Five Determinants of Competition

question 16

Multiple Choice

According to Michael Porter,there are five determinants of competition.An example of _____ is when new entrants to an industry put pressure on prices and profits.

• A)Threat of Entry
• B)Rivalry between Existing Competitors
• C)Pressure from Substitute Products
• D)Bargaining power of Buyers
• E)Bargaining power of Suppliers

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Definitions:

Cash Dividend

A cash dividend is a payment made by a company out of its profits to shareholders in the form of cash.

Annual Financial Statements

Reports that give an overview of a company's financial condition for a specific fiscal year, including income statements, balance sheets, and cash flow statements.

December 31

The last day of the year in the Gregorian calendar, often used as the end date for annual financial statements.

Balance Sheet

A Balance Sheet is a financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.