Which of the following is an element of Michael Porter's model for analyzing the competitive environment of an organization?
A)Substitutes
B)Cost strategy
C)Societal trends
D)Regulatory forces
E)Demographics

Question

Quizplus · Accepted Answer

According to Michael Porter's model, the competitive environment of an organization includes rivalry among current competitors and the impact of new entrants, substitute and complementary products, suppliers, and customers.

Which of the Following Is an Element of Michael Porter's