The weakest of the five forces in most industries is the rivalry that exists among the businesses competing in a particular market.

Question

Quizplus · Accepted Answer

The statement is false. The strongest of the five forces is the competition or rivalry among businesses in the industry, as it directly affects prices, profits, and market share. The five forces framework includes: the bargaining power of suppliers, the bargaining power of customers, the threat of new entrants, the threat of substitute products or services, and rivalry among existing competitors.

The Weakest of the Five Forces in Most Industries Is