All of the Following Are Typically Identified as Forces of Competition

question 44

Multiple Choice

All of the following are typically identified as forces of competition EXCEPT:

• A) Rivalry among firms in the industry
• B) Threat of substitutes
• C) Powerful customers
• D) Powerful suppliers
• E) Threat of governmental regulation

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Definitions:

Interest Rate

Borrowers are subject to a charge, defined as a percentage of the principal, for the usage of assets from lenders.

Interest Rate

The proportion, typically expressed as a percentage, that is charged by lenders to borrowers for the use of their money.

Payoff

The return or potential gain from an investment or decision, which can be seen in financial, strategic, or personal contexts.

Revenues

The total incomes that a business receives from its normal business activities, usually from the sale of goods and services to customers.