Porter's five competitive forces can be grouped into two types: forces related to ________ and forces related to supply chain bargaining power.

Question

Quizplus · Accepted Answer

Porter's five competitive forces include: threat of new entrants, bargaining power of suppliers, bargaining power of buyers (consumers), threat of substitute products or services, and rivalry among existing competitors. None of these forces directly relate to labor, but competition is one of the five forces. Therefore, the best choice is C) competition.

Porter's Five Competitive Forces Can Be Grouped into Two Types