_____ Is One of the Five Forces of Michael Porter's

question 65

Multiple Choice

_____ is one of the five forces of Michael Porter's five forces analysis.

• A) Competitors in an industry
• B) Governmental regulations
• C) Economic elements
• D) Geographic origin of an industry
• E) Cultural and social trends affecting an industry

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Definitions:

Cell Phone Covers

Cell Phone Covers are protective and decorative accessories designed to encase and safeguard mobile phones.

Cash Payments Journal

An accounting journal used to record all cash payments made by a company, including expenses and purchases.

Prepaid Insurance

Payments made for insurance coverage that has not yet been incurred, recorded as an asset on the balance sheet.

Supplies Account

An account used in accounting to track the amount spent on supplies that are used in the business operations.