Question 24. With reference to Porter’s Five-Forces model which of the following factors would you expect to increase th

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Question 24. With reference to Porter’s Five-Forces model which
of the following factors would you expect to increase the
competitiveness of an industry:
a) Limited amount of substitutes
b) Limited access to distribution channels
c) High switching costs for buyers changing from one product to
another
d) Low capital requirements for new start up firms