The Five Competitive Forces Model Was Developed by

question 115

Multiple Choice

The five competitive forces model was developed by

• A)Michael Porter.
• B)John Nash.
• C)Michael Spence.
• D)Porter Smith.

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Definitions:

Fixed Cost

Costs that remain constant in total regardless of changes in the level of activity or volume of production.

Pretax Income

The income a company generates before any taxes are deducted.