Which of the following is not a component of Porter's five forces model?
A)Risk of entry by potential competitors
B)The intensity of rivalry among established companies within an industry
C)The bargaining power of buyers
D)The bargaining power of suppliers
E)The lack of substitutes for an industry's products

Question

Quizplus · Accepted Answer

The lack of substitutes for an industry's products is not a component of Porter's five forces model. The five components are the risk of entry by potential competitors, the intensity of rivalry among established companies within an industry, the bargaining power of buyers, the bargaining power of suppliers, and the threat of substitute products or services.

Which of the Following Is Not a Component of Porter's