How are cumulative learning and experience effects of a company most likely to affect Michael Porter's five forces?
A) Threat of new entrants will be low.
B) Bargaining power of suppliers will be high.
C) Availability of complements will be low.
D) Threat of substitute products and services will be high.

Question

Quizplus · Accepted Answer

The threat of entry is low when incumbents possess cumulative learning and experience effects.

How Are Cumulative Learning and Experience Effects of a Company