According to Michael Porter, _____ is one of the five industry forces that determine an industry's overall attractiveness and potential for long-term profitability.
A)threat of new entrants
B)span of management
C)organizational synergy
D)bureaucratic management
E)organizational stability

Question

Quizplus · Accepted Answer

According to Michael Porter's five forces model, the threat of new entrants is one of the factors that determine the attractiveness and profitability of an industry. The other four forces include the bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and rivalry among existing competitors.

According to Michael Porter, _____ Is One of the Five