Michael Porter designed a framework to diagnose competitive forces confronting a firm at any particular time. These forces include all of the following except __________.
A) transformational bargaining power
B) customer bargaining power
C) supplier bargaining power
D) threat of substitute products

Question

Quizplus · Accepted Answer

Michael Porter's framework, known as Porter's Five Forces, does not include "transformational bargaining power" as one of the forces. The forces are: customer bargaining power, supplier bargaining power, threat of substitute products, threat of new entrants, and competitive rivalry within an industry.

Michael Porter Designed a Framework to Diagnose Competitive Forces Confronting