Linda is in the computer repair businesses. Mark and Jill, two recent university graduates are unemployed, but are thinking of doing computer repairs at their homes. This is an example of which of the five forces?
A) rivalry among existing firms
B) threat of substitution
C) bargaining power of suppliers
D) bargaining power of customers
E) threat of new entrants

Question

Quizplus · Accepted Answer

Mark and Jill considering entering the computer repair business represents a potential increase in competition, which is a threat of new entrants.

Linda Is in the Computer Repair Businesses