The answer is B.
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Mr. X can be considered as a Buddhist.
Buddhism is a religion started by Siddhartha Gautama, known as Buddha. It is a religion of peace, of meditation, of achieving nirvana, and ultimate happiness through caring about the world around you as much as yourself, your inner and outer peace.
Answer:
A. Threat of new entrants will be low
Explanation:
Micheal Porter's Five Forces is a framework designed for the sole purpose of analyzing a company's competitive environment. Based on this information it can be said that the cumulative learning and experience effects of a company will most likely affect these forces by making the threat of new entrants extremely low since it will make competing with the already established company extremely hard and lead to almost certain failure for the entering company.
Determinant attributes are key product attributes that are most likely to affect a buyer's final choice. these attributes are usually described according to their importance and uniqueness.
steps in the traditional model of consumer decision making:
Problem solving, Information search ,Evaluation of alternatives, Purchase decision, Post-purchase evaluation , Information search.
Types of Determinant Attributes
consumers who buy fast food are most interested in taste, texture, speed of service, value and cleanliness. Taste and texture are qualities of food products. Value is a pricing attribute. Fast-food customers want ample food quantities at reasonable prices.
Price is the most important determinant attribute for these consumers.
To know more about Determinant attributes here
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