The Strongest of the Five Forces in Most Industries Is

question 4

Multiple Choice

The strongest of the five forces in most industries is ________.

• A)rivalry among companies competing in the industry
• B)bargaining power of buyers
• C)threat of new entrants to the industry
• D)threat of substitute products or services

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Definitions:

Interaction

The mutual or reciprocal action or influence between entities, substances, or people.

Prescription Drugs

Medications that legally require a medical prescription to be dispensed, due to their potential side effects, toxicity, or risk of misuse.

OTC Drugs

Over-The-Counter Drugs, medications that can be purchased without a prescription, used to treat common or minor ailments.

Herbal Remedies

Treatments derived from plants and their parts, used for medicinal purposes to prevent or cure diseases.