According to Porter,threat of new entrants refers to ________.
A)the power that customers have over the firms
B)the power that suppliers have over the firms
C)the extent to which customers may use services from another industry instead of the focal industry
D)the ability of new firms to enter an industry
E)the intensity of the rules of an organization

Question

Quizplus · Accepted Answer

The threat of new entrants, according to Porter's Five Forces model, refers to the ease with which new competitors can enter the market and compete with existing firms, potentially reducing their market share and profitability.

According to Porter,threat of New Entrants Refers to ________