MCQOPTIONS
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MCQOPTIONS
| 1. |
The five forces that affect the level of competition in an industry are |
| A. | Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry. |
| B. | Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession. |
| C. | Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry. |
| D. | Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action. |
| Answer» B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession. | |