Based on an Analysis of the Five Forces That Increase

question 49

Multiple Choice

Based on an analysis of the five forces that increase or decrease competitive pressures in an industry,in which of the following industries is profitability likely to be highest?

• A)Video streaming services
• B)Supermarkets
• C)Commercial airlines
• D)Electric and gas utilities
• E)Tire manufacturing

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Definitions:

Decentralization

The distribution of decision-making authority to lower levels in an organization, allowing for more localized and faster decision processes.

Separate Office Staff

A designated group of employees who work in a distinct physical or administrative division within an organization.

Decentralization

The distribution of decision-making authority from central to local units or levels in an organization.

Separate Sales Forces

This refers to the practice of having distinct teams within a business that focus on selling different products, services, or targeting different markets.