What are Porter's Five Forces?
A) Risk of entry, bargaining power of suppliers, rivalry among established firms, threat of substitute products, bargaining power of buyers
B) Passive, Offensive, Defensive, Simple and Complex
C) Social Environment, Political Environment, Regulatory Environment, Technological Environment, Economic Environment
D) None of the above
Correct Answer:
Verified
Q16: In general, competitive intensity is somewhat low
Q17: Any business that competes for the same
Q18: .It is a marketing truism that all
Q19: The competitive intensity in a marketplace is
Q20: "Scale economies" is one of many factors
Q22: The "amenity wars" between hotels in the
Q23: REVPAC is:
A) Revenue Per Available Competitor
B) Measuring
Q24: The bargaining powers of suppliers and buyers
Q25: Which changes have impacted the hospitality industry?
A)
Q26: A sustainable competitive advantage happens only when:
A)
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