
An organisation is based in a country where the incoming government has embarked on economic reforms based on deregulating the market. According to Porter's five forces model, which of the forces will be most significantly affected?
A) threat of new entrants and threat of substitutes
B) threat of new entrants, new substitutes, increased rivalry and increased bargaining power of buyers
C) threat of new entrants, new substitutes, increased rivalry, increased bargaining power of buyers and bargaining power of suppliers
D) threat of new entrants
E) threat of new entrants, new substitutes and increased rivalry
Correct Answer:
Verified
Q1: Michael Porter (1980) suggests that the threat
Q3: As a part of national competitive advantage,
Q4: Within the value chain analysis, the work
Q5: Michael Porter (1980) suggested three basic competitive
Q6: Michael Porter (1990) suggests that the determinants
Q7: The basic competitive strategy of market focus
Q8: Competitive advantage is the advantage gained over
Q9: Using Porter's five forces model of industry
Q10: At its narrowest level, a company can
Q11: Kim and Mauborgne suggest six principles in
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