In the Context of Porter's Five Forces, What Impact Will

question 2

Multiple Choice

In the context of Porter's five forces, what impact will patents have on a business?

• A)Patents will increase market competition.
• B)Patents will increase the number of substitutes for a given product.
• C)Patents will reduce the threat of new entrants in an industry.
• D)Patents will reduce the bargaining power of suppliers.

---

Definitions:

Approach-Inhibition Model

A theoretical model that suggests power dynamics within a group influence individuals' tendencies to engage in or refrain from assertive behaviors.

Compassionately

In a way that shows a deep awareness of and sympathy for another's suffering, combined with the desire to alleviate that suffering.

Subtle Situational Cues

Minor or not easily noticeable indicators within an environment that can influence behavior and perception.

Dominance Behavior

Actions or patterns of behavior that aim to establish a hierarchical status over others in a social or animal group.