According to Porter's Model,which of the Following Is Not One

question 20

Multiple Choice

According to Porter's model,which of the following is not one of the competitive forces that business organizations typically face?

• A) supplier power
• B) threat of new entrants
• C) threat of government regulation
• D) threat of substitute products

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Definitions:

Business Plan

A document that outlines a company's goals, the strategy to achieve them, financial forecasts, and market analysis.

Principal Owners

Individuals or entities that hold a primary share of ownership in a business, often having significant influence on company decisions.

New Businesses

Entities that have been recently established or founded, entering the marketplace with fresh offerings or services.

Survive

The ability to continue to live or exist, especially in spite of difficult conditions or circumstances.