A conclusion that can be drawn from the _____ model is that business is deeply integrated into an open society and must respond to multiple economic and noneconomic factors.

According to the five forces model proposed by Michael Porter, which of the following

constitutes a threat of entry to a company manufacturing LCD TVs? A) an increase in the bargaining power held by the supplier of LCD screens to the company B) a foreign maker of LCD TVs setting up its retail showrooms in the same country as the company C) the lack of government support in terms of subsidies and tax exemptions to the LCD TV industry D) the invention of Plasma TVs which are much cheaper than LCD TVs

An experiment is an activity that results in one of several possible outcomes

Indicate whether this statement is true or false.