Which of the following is one among the five major forces in the competitive or industry environment as proposed by Michael Porter?
A) Employees
B) Stockholders
C) Suppliers
D) Labor unions
E) Government

Question

Quizplus · Accepted Answer

The five major forces in the competitive or industry environment as proposed by Michael Porter are the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the rivalry among existing competitors. Among the given options, only suppliers (C) are one of the major forces in the industry environment. So, option C is the correct answer.

Which of the Following Is One Among the Five Major