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:

Yerkes-Dodson

A law suggesting that performance increases with physiological or mental arousal to a certain point, but beyond that, performance decreases.

Affiliation

The sense of connection or association with a group or organization, often resulting in a feeling of belongingness.

Achievement

The act of accomplishing a goal or attaining a high level of performance through effort or skill.

Esteem

A regard for or a sense of worth or importance of someone or something.