Porter's Five Industry Forces do not really apply in the Internet space; they are better applied to traditional operations.

Question

Quizplus · Accepted Answer

Porter's Five Industry Forces can be applied to the Internet space as well. However, certain modifications may be needed to account for the unique characteristics of the online environment. For example, the threat of new entrants may be lower in the Internet space due to high barriers to entry such as network effects, whereas the bargaining power of suppliers may be higher due to limited options for certain types of digital products or services.

Porter's Five Industry Forces Do Not Really Apply in the Internet