Porter's Five Forces model did not recognize the:
A) power of complement providers.
B) risk of entry by potential competitors.
C) intensity of rivalry among established companies within an industry.
D) bargaining power of suppliers.
E) closeness of substitutes to an industry's products.

Question

Quizplus · Accepted Answer

Porter's Five Forces model did not recognize the power of complement providers, which refers to the influence of businesses that offer complementary products or services that enhance the value of the main product. This factor can significantly impact the profitability and competitiveness of an industry but was not included in Porter's original framework.

Porter's Five Forces Model Did Not Recognize The