Which of the Following Is Not One of the Competitive

question 68

Multiple Choice

Which of the following is not one of the competitive forces in Porter's model?

• A) Suppliers
• B) Other competitors
• C) External environment
• D) Customers
• E) Technology

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Definitions:

Statement of Cash Flows

A financial report that tracks the cash inflows and outflows from operating, investing, and financing activities over a period.

Statement of Cash Flows

A financial overview explaining how modifications in balance sheet accounts and income levels impact cash and cash equivalents, analyzed through operating, investing, and financing operations.

Accounting Equation

The fundamental equation that represents the relationship between an entity's assets, liabilities, and owner's equity; Assets = Liabilities + Owner's Equity.

Revenue Recognition Principle

An accounting principle that stipulates revenue should be recognized and recorded when it is earned, regardless of when the cash is received.