Porter's five competitive forces can be grouped into forces related to competition and forces related to supply chain ________ power.

Question

Quizplus · Accepted Answer

Porter's five competitive forces include rivalry among existing competitors, threat of new entrants, bargaining power of buyers, bargaining power of suppliers, and threat of substitute products or services. The forces related to competition are rivalry among existing competitors and threat of new entrants, while bargaining power of suppliers is related to supply chain power. Therefore, the correct answer is C) bargaining.

Porter's Five Competitive Forces Can Be Grouped into Forces Related