According to Michael Porter, there are five determinants of competition.An example of _____ is when new entrants to an industry put pressure on prices and profits.
A)threat of entry
B)rivalry between existing competitors
C)pressure from substitute products
D)bargaining power of buyers
E)bargaining power of suppliers

Question

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According to Michael Porter, there are five determinants of competition.An example of threat of entry is when new entrants to an industry put pressure on prices and profits.

According to Michael Porter, There Are Five Determinants of Competition