The Five Forces Model Includes All These Factors as Major

question 110

Multiple Choice

The Five Forces Model includes all these factors as major threats EXCEPT:

• A)Potential for entry into the industry
• B)Threat of complimentary products
• C)Power of customers
• D)Level of rivalry
• E)Power of suppliers

---

Definitions:

Liaison Role

A position that requires coordinating activities and communication between different parties or departments within an organization.

Integrator Role

A position or function within an organization tasked with combining inputs, processes, or strategies from different sources or departments to ensure cohesiveness and effective functioning.

Coordinating Role

A function in management and organizations involving the integration and organization of group efforts and resources to ensure tasks are harmoniously executed towards achieving a common goal.

Standardization of Work Processes

The establishment of consistent procedures and criteria across an organization to improve efficiency and quality.