Author Question: Which of the following is one of Michael Porter's five competitive forces? A) the bargaining ... (Read 134 times)

aabwk4 · **on:** Jul 6, 2018

Which of the following is one of Michael Porter's five competitive forces?

A) the bargaining power of suppliers
B) the bargaining power of the government
C) the threat of industrial slowdown
D) the threat of technological obsolescence

Question 2

Which of the following is correct, assuming the following transaction: Nixon Company sold services on account.
a. Cash is credited.
b. Accounts Receivable is credited.
c. Income from Services is credited.
d. Cash is debited.

Chocorrol77 · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

A
Explanation: A) Porter's five competitive forces include:
The threat of new competitors
The threat of substitute products or services
The bargaining power of customers
The bargaining power of suppliers
The intensity of competitive rivalry

Answer to Question 2

C