Trevor is an aspiring baker who eventually hopes to leave his current full-time job and bake instead. He knows that planning now will make all the difference as he moves towards making his dream a reality. He plans to begin by baking out of his house and eventually open a small brick-and-mortar location. According to Porter's Five Forces, which of the following represents the threat of substitutes for Trevor?

Question

Quizplus · Accepted Answer

This question requires familiarity with Porter's Five Forces and the framework each encompasses. Choice C is correct because it represents a threat of substitutes for Trevor since customers would have a different way to satisfy their needs and wants without visiting Trevor's bakery when it opens. The remaining choices are incorrect as they represent elements of Porter's Five Forces other than the threat of substitutes.

Trevor Is an Aspiring Baker Who Eventually Hopes to Leave