A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the
A) Task environment.
B) Peters model for organizational excellence.
C) Microenvironment.
D) Porter model for competitive analysis.
E) Industrial microenvironment.

Question

Quizplus · Accepted Answer

As shown in Figure 2.4, Porter's model of the competitive environment includes rivalry among current competitors and the impact of new entrants, substitute and complementary products, suppliers, and customers.

A Firm's Current Competition, Suppliers, Customers, and the Threat of New