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Author Question: Which of the following is one of Michael Porter's five competitive forces? A) the bargaining ... (Read 68 times)

aabwk4

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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.


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Chocorrol77

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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


aabwk4

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Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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