Social Forces: Social forces include social/cultural factors such as purchasing habits, educational levels, religion/beliefs/morals, level of health consciousness, social class, family size and structure, population growth rate, emigration and immigration rates, life expectancy, and lifestyles. Risk of Entry New Entrants: Bargaining Power of Buyer: Bargaining Power of Suppliers: Power of Complements: Threat of Substitutes: Rivalry Among Established Firms in Industry:
Social Forces: Social forces include social/cultural factors such as purchasing habits, educational levels, religion/beliefs/morals, level of health consciousness, social class, family size and structure, population growth rate, emigration and immigration rates, life expectancy, and lifestyles. Risk of Entry New Entrants: Bargaining Power of Buyer: Bargaining Power of Suppliers: Power of Complements: Threat of Substitutes: Rivalry Among Established Firms in Industry:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Social Forces: Social forces include social/cultural factors such as purchasing habits, educational levels, religion/beliefs/morals, level of health consciousness, social class, family size and structure, population growth rate, emigration and immigration rates, life expectancy, and lifestyles.
- Risk of Entry New Entrants:
- Bargaining Power of Buyer:
- Bargaining Power of Suppliers:
- Power of Complements:
- Threat of Substitutes:
- Rivalry Among Established Firms in Industry:
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