Which one of the following is not one of the five competitive forces that business strategists are supposed to take into account?
A) competition among business units within the firm
B) the power of customers to affect pricing and reduce profit margins
C) the threat of similar or substitute products
D) the power of suppliers to influence the company's pricing

Question

Quizplus · Accepted Answer

The five competitive forces that business strategists are supposed to take into account are rivalry among existing competitors, the bargaining power of customers, the threat of new entrants, the threat of substitute products or services, and the bargaining power of suppliers. The competition among business units within the same firm is not considered a separate competitive force, as it is an internal organizational issue.

Which One of the Following Is Not One of the Five