According to Michael Porter, which of the following is one of the five industry forces that determine an industry's overall attractiveness and potential for long-term profitability?
A)Process gain
B)Organizational synergy
C)Government regulation
D)Decentralization
E)Character of the rivalry

Question

Quizplus · Accepted Answer

According to Michael Porter's Five Forces model, the character of the rivalry among competitors is one of the five industry forces that determine an industry's overall attractiveness and potential for long-term profitability. The other four forces include the bargaining power of suppliers, the bargaining power of buyers, the threat of new entrants, and the threat of substitute products or services. Government regulation, process gain, and organizational synergy are not among the five forces.

According to Michael Porter, Which of the Following Is One