Answer:
(D). Potential development of substitute products and bargaining power of consumers
Explanation:
According to Michael Porter, <u>there are five forces that should be analyzed to determine the degree of competitiveness in any industry</u> and they include; the bargaining power of suppliers, the bargaining power of consumers, threat of new entrants, threat of substitute products and the rivalry among competing firms in the industry.
The personal responsibility and work opportunity reconciliation act turned welfare programs over to the states.
<h3>What is The Personal Responsibility and Work Opportunity?</h3>
The Personal Responsibility and Work Opportunity serves as an act in 1996 which stop the federal government from reaching out to disadvantaged parents directly.
Therefore, The Personal Responsibility and Work Opportunity act allowed the state to handle the disbursement process.
Learn more about The Personal Responsibility and Work Opportunity at
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Answer: Option (C)
Explanation:
From the given options , we can state that Vince's behavior is the example of <em>conformity</em>. Conformity is referred to as the function of coordinating with perspective, faith, and also the behaviors of group norms or the politics. Norms are mostly known to be implicit, i.e. the specific set of rules which are mostly shared by the group of individuals, that tends to further guide their conversation with other individual.
