Economies of scale relate to which of Porter's 5-forces?
A)Bargaining power of buyers
B)Threat of new entrants
C)Bargaining power of suppliers
D)Threat of substitutes

Question

Quizplus · Accepted Answer

Economies of scale make it difficult for new entrants to compete because existing companies can produce at lower costs, making it harder for new players to enter the market and achieve profitability.

Economies of Scale Relate to Which of Porter's 5-Forces