From the perspective of Porter's five forces model, a(n) __________ is one in which intense rivalry already exists among competitors, there are substantial threats in terms of new competitors and substitute products, and suppliers and buyers are very powerful in bargaining over prices and quality.
A) unattractive industry
B) competitive industry
C) attractive industry
D) normal industry
E) noncompetitive industry
Correct Answer:
Verified
Q1: _ is the process of allocating resources
Q2: The _ is an environment that contains
Q3: Strategy provides the plan to allocate and
Q4: The essence of _ is looking ahead,
Q5: The environment in which there are at
Q7: Which of the following statements about the
Q8: A _ is a plan for using
Q9: Aircraft manufacturers such as Airbus and Boeing
Q10: Which one of the following statements provides
Q11: According to Harvard scholar Michael Porter, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents