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.
Pine Hills is a census-designated place (CDP) and unincorporated subdivision in Orange County, Florida, United States, west of Orlando. Read below about features of Pine Hills.
<h3>What are characteristics of the Pine Hills region?</h3>
The following are the features of the Pine Hills region:
- One of its industries today is petroleum.
- Its culture was built on logging and rafting in the past.
- Its soil is suitable for many types of farming.
Therefore, the above are the characteristics of the Pine Hills region.
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The progressive reform that President Woodrow Wilson was unable to establish was reducing import tariffs.
<h3>What is a progressive reform?</h3>
These are the reforms that the federal government of a place would have to put in place so as to do away with certain practices that are seen to be unfair and unethical which may have negative impacts.
The issue of the import tariffs was not implemented by Wilson. Instead the president that was in charge of this reform was president Roosevelt which was signed in the year 1934 as the Reciprocal Trade Agreements Act.
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