In Porter's Five Forces Model, the Threat of New Entrants

question 6

Multiple Choice

In Porter's five forces model, the threat of new entrants concerns the danger of ________.

• A) suppliers favoring rival companies
• B) customers taking their business elsewhere
• C) investors refusing to back new projects
• D) employees not working toward organizational goals

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Definitions:

Ancestry

The lineage or historical lineage of a person, traced back through several generations, often influencing their cultural identity.

Minority Groups

Groups in a society who, because of physical or cultural characteristics, are singled out from the others in the society for differential and unequal treatment.

Median Family Income

The middle value of total income earned by a family, divided in such a way that half of the families earn less and the other half earns more.

Extended Family

A family unit that extends beyond the immediate family, including grandparents, aunts, uncles, and other relatives.