Financial statements are influenced by five important forces that determine a company's competitive intensity: (A) industry competition, (B) buyer power, (C) supplier power, (D) product substitutes, and (E) threat of entry.

Question

Quizplus · Accepted Answer

These five forces are part of Porter's Five Forces framework, which analyzes the competitive environment of an industry and can influence a company's financial performance.

Financial Statements Are Influenced by Five Important Forces That Determine