Which of the Following Is True According to Porter's Model

question 66

Multiple Choice

Which of the following is true according to Porter's model?

• A)When start-up costs are low, the threat of new entrants to existing businesses is high.
• B)The power of buyers reduces when deep discounts can be demanded of suppliers.
• C)The power of suppliers is high when constant competition forces them to innovate.
• D)The threat of substitutes is high when there are very few alternative products.

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Definitions:

Cultural Racism

The belief that the cultural ways of one group are superior to those of another.

Norms

The unwritten rules or expectations that govern the behavior of members within a society or group, guiding what is considered acceptable or customary.

Institutional Racism

"The manipulation of social institutions to give preferences and advantages to Whites and at the same time restrict the choices, rights, mobility, and access of people of color."

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.