The Most Powerful of the Five Competitive Forces Is Usually

question 9

Multiple Choice

The most powerful of the five competitive forces is usually the

• A)competitive pressures that stem from the ready availability of attractively priced substitute products.
• B)competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.
• C)competitive pressures that emerge from close collaboration with suppliers.
• D)competitive pressures associated with the potential entry of new competitors.
• E)competitive pressures from the bargaining power and leverage that large customers are able to exercise.

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Definitions:

Cross-Examination

The questioning of a witness by the party opposing the one who introduced the witness to challenge the credibility or facts stated.

Opposing Counsel

The attorney or legal representative representing the opposing party in a legal matter or case.

Alternative Dispute Resolution

Methods of resolving disputes without traditional litigation, including mediation and arbitration.

Optional

A choice or possibility among multiple alternatives that is not mandatory.