According to Michael Porter Which of the Following Is a Force

question 135

Multiple Choice

According to Michael Porter which of the following is a force that shapes an organization's competitive environment?

• A)investors
• B)potential entrants into the market
• C)lenders
• D)research and development
• E)bankers

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Definitions:

Appreciated

A term often used in finance and economics to describe an increase in the value of an asset or currency.

Export

Items or services transported from one nation to another with the intent of being sold or traded.

Import

The act of bringing goods or services into one country from another for the purpose of trade.

Trade Surplus

The difference between a nation's exports and imports when exports exceed imports.