Which Is Considered a Force in the "Five Forces Model

question 56

Multiple Choice

Which is considered a force in the "Five Forces model"?

• A) Increased deregulation in an industry
• B) The threat of government intervention
• C) Rivalry among competing firms
• D) Recent technological innovation

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Definitions:

Place

In marketing, refers to the distribution aspect and making the product available to the customer at the right location.

Inventory

The total amount of goods and materials held in stock by a business, warehouse, or store.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically comprised of the 4Ps: Product, Price, Place, and Promotion.

Easiest

Pertaining to the use or role of something being the most straightforward, requiring the least effort, difficulty, or complexity.