According to Michael Porter, the nature of competitiveness in a given industry includes what force? A. Bargaining power of su
ppliers, vendors, and customers B. Rivalry among competing firms and potential banks to borrow money from C. Bargaining power of suppliers, distributors, and creditors D. Potential development of substitute products and bargaining power of consumers E. A comparative financial ratio analysis across competitors
(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.
Most Egyptians lived near the Nile as it provided water, food, transportation and excellent, fertile soil for growing food. Ancient Egypt could not have existed without the river Nile. Since rainfall is almost non-existent in Egypt, the floods provided the only source of moisture to sustain crops.
Predators of frogs would need to hunt other food sources, leading to decreases in both the predators and the new prey. The prey of frog would run rampant as one of their predators are now gone.
The power to print money and start a treaty with a foreign government cannot be caries out at a state government level but can be carried out at a national level.
