According to Porter's Five Industry Forces,barriers of entry on the Internet are which of the following?

Question

Quizplus · Accepted Answer

Porter's Five Industry Forces state that barriers to entry on the internet are low. This is because the cost of starting an online business can be relatively low compared to traditional brick-and-mortar businesses, while also allowing for a wider customer base. Additionally, there is a low level of regulation and control over the internet, making it easier for new businesses to enter the market.

According to Porter's Five Industry Forces,barriers of Entry on the Internet