Which of the Following Competitive Forces Is Not One of the Five

question 55

Multiple Choice

Which of the following competitive forces is not one of the five mentioned in the chapter?

• A)Threat of market entry by new competitors
• B)Threat of substitute goods
• C)Bargaining power of customers
• D)Intensity of rivalry among competitors

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Conditioned Stimulus

A conditioned stimulus is a previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually triggers a conditioned response.

Unconditioned Stimulus

In behavioral psychology, a stimulus that naturally and automatically triggers a response without prior conditioning.

Psychological Principle

Foundational concepts or theories that explain behaviors, thoughts, and emotions within the field of psychology.