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Amie Minami recently graduated from the University of Rivendell School of Business and is now studying for the Level 1 CFA examination. She thought she would never have to read about Porter's Five Forces again. However, while taking an online review quiz to help her focus her studies, she sees a question on Porter. Luckily, she remembers all the points and correctly identifies that one of the choices is incorrect.
Which of the following choices is FALSE?
A. Suppliers are more powerful if they are more concentrated than the firms in that industry.
B. When the threat of substitution is highest, profit margins will be low, particularly for commodity-like products.
C. Porter's five forces are the first step in identifying and evaluating a firm's specific competitive strategy.
D. Porter details three strategies that are available to firms in a competitive environment: low-cost, differentiation, and vertical integration.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
While vertical integration may be a strategy, Porter identified two strategies that are available to firms in a competitive environment: a low-cost strategy and a differentiation strategy. The other statements are correct.
NEW QUESTION: 2
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B. Remove endpoints when not active.
C. Re-index the data on a regular basis.
D. Compress the data regularly
Answer: A
Explanation:
Reference:
https://www.cisco.com/c/en/us/td/docs/security/ise/1-4/admin_guide/b_ise_admin_guide_14/b_ise_admin_guide
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Assuming the total fill capacity of a pathway is 100 cables (all of the same cable type and size), the MAXIMUM number of cables to be installed during the initial installation, without exceeding the fill ratio is:
A. 0
B. 1
C. 2
D. 3
Answer: C
NEW QUESTION: 4
20
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A. Loop-Free Alternate Fast Reroute
B. Fast-Flooding
C. Cisco Multiprotocol Label Switching Traffic Engineering Fast Reroute
D. partial route calculation
E. Incremental Shortest Path First
Answer: A
Explanation:
Explanation/Reference:
Explanation:
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