Acme Global is analyzing whether it needs to prepare for new competition in the industry.It determines that the barriers to enter its market are getting lower.Acme Global is analyzing the ______ in the five forces model.
A) power of buyers
B) rivalry among competitors
C) potential new entrants
D) threat of substitute products and services

Question

Quizplus · Accepted Answer

The scenario mentions that the barriers to enter the market are getting lower, which indicates a higher likelihood of new companies entering the industry. This falls under the analysis of the potential new entrants in the five forces model. Therefore, the correct answer is C.

Acme Global Is Analyzing Whether It Needs to Prepare for New