In the five forces model the ________ that companies compete against one another for customers, the ___ the level of profits is likely to be for that industry


Ans: More;Lower

Business

You might also like to view...

Given the cultural climate of the United States, business failure and bankruptcy:

A. do not have to be the end for the entrepreneur. B. mean the entrepreneur can never hope to start over. C. means that there would be a change in the outlook of the people. D. carry such a stigma that the entrepreneur is disgraced and ostracized.

Business

Involvement level is one factor that affects a consumer's selection of a type of decision-making process.

Answer the following statement true (T) or false (F)

Business

Eastwick produces and sells three products. Last month's results are as follows: P1 P2 P3Revenues$100,000 $200,000 $200,000Variable costs 40,000  140,000  80,000Fixed costs total $200,000. What is Eastwick's break-even sales volume? (Assume the current product mix.)

A. $500,000. B. $460,000. C. $384,615. D. $416,667.

Business

The goal of IT security is reasonable risk reduction

Indicate whether the statement is true or false.

Business