Which of the following is commonly used by organizations to influence the operation of Porter's five forces?
A)evasion of taxes
B)selling at prices below the existing market price
C)lobbying for governmental action
D)selling at prices above the existing market price

Question

Quizplus · Accepted Answer

Lobbying for governmental action is commonly used by organizations to influence the operation of Porter's five forces. This could include advocating for regulations, subsidies, or other policies that would benefit the organization and make it more competitive within the industry. Evasion of taxes and selling below or above market prices may temporarily impact the five forces, but they do not address the underlying competitive dynamics of the industry.

Which of the Following Is Commonly Used by Organizations to Influence