You want to start a lawn care business in the town of Rural, USA with only 100 residents. There are currently no other lawn care businesses, so homeowners will have no other choice but to use your service. You have evaluated the ________ in Porter's competitive forces model.
A) Bargaining power of customers
B) Bargaining power of suppliers
C) Rivalry among existing firms in the industry
D) Threat of entry of new competitors
E) Threat of substitute products or services
Correct Answer:
Verified
Q27: _ asks for measurements of a favorite
Q28: You want to open a bank, so
Q29: The best-known framework for analyzing competitiveness is
Q30: Loyalty programs reduce _.
A) Buyer power
B) Entry
Q31: Porter concludes that the overall impact of
Q33: _ provides a "body scanner" to capture
Q34: In your industry, the businesses compete essentially
Q35: You want to open your own restaurant.
Q36: _ has set the industry standard on
Q37: _ allows consumers to upload a full
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