Which of the following alternatives represents the Five Forces Model of Competition developed by Michael Porter?
A. Suppliers, buyers, competitive rivalry among firms in industry, product substitutes and potential entrants
B. Employees, buyers, competitive rivalry among firms in industry, product substitutes and potential entrants
C. Suppliers, buyers, employees, product substitutes and potential entrants
D. Buyers, employees, suppliers, product substitutes and potential entrants
Answer: Option A
This Question Belongs to Management >> Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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