According to Michael Porter, there are five determinants of competition.An example of _____ is the threat new competitors pose to existing competitors in an industry.

Question

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The threat of entry refers to the potential for new competitors to enter an industry and compete against existing firms. This is a determinant of competition according to Michael Porter's Five Forces model. The other options listed are also determinants of competition, but do not specifically refer to the threat of new competitors entering the market.

According to Michael Porter, There Are Five Determinants of Competition