Lana is the owner of Leafy Greens, a smoothie store slated to open within the next six months. Lana is in the process of creating her strategic plan and needs to identify her furthest-reaching goals. She knows that this process will take some time to get right and wants to do it properly. Which of the following is an example of a competitive rivalry for Leafy Greens according to Porter's Five Forces?

Question

Quizplus · Accepted Answer

This question requires familiarity with Porter's Five Forces. Choice A is the correct choice because it represents a competitive rivalry for the identified business in the same market. A smoothie shop would need to look for other businesses who sell the same products as them. The remaining choices could be considered under other elements of Porter's Five Forces, but they do not represent a directly competitive rivalry.

Lana Is the Owner of Leafy Greens, a Smoothie Store