
According to Porter's five forces model, which of the following firms would be least affected by the threat of substitutes?
A) a used car dealership in New York
B) a convenience store that sells retail products
C) a firm that sells the only drug for a disease
D) a corner latte shop in Atlanta
E) a food vendor at a county fair
Correct Answer:
Verified
Q2: Bargaining power of customers is likely to
Q3: According to Porter's five forces model, in
Q4: Porter's five forces model is used to
Q5: The automobile industry is characterized by many
Q6: A mining company develops a new processing
Q7: LNG is a large multinational appliance manufacturer.
Q8: According to Porter's five forces model, a
Q9: Explain the relation between competitive strategies and
Q10: Which of the following factors determines the
Q11: The collective technical capability of an organization
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents