Which of the following is one of five forces identified in Michael Porter's competitive forces model?
A)the threat of merging of competitors
B)the threat of globalization
C)the threat of substitute products and services
D)the threat of new information systems

Question

Quizplus · Accepted Answer

The threat of substitute products and services is one of the five forces identified in Michael Porter's competitive forces model. The other four forces include the bargaining power of suppliers, bargaining power of customers, threat of new entrants, and competitive rivalry within the industry. None of the other options listed are one of the five forces in this model.

Which of the Following Is One of Five Forces Identified