In Porter's five factor model,each of the three competitive forces concerns the danger of ________.
A) suppliers favoring rival companies
B) customers taking their business elsewhere
C) investors refusing to back new projects
D) employees not working toward organizational goals

Question

Quizplus · Accepted Answer

Porter's three competitive forces are the threat of new entrants, the bargaining power of buyers/customers, and the threat of substitute products/services. None of the factors relate to suppliers, investors, or employees.

In Porter's Five Factor Model,each of the Three Competitive Forces