According to Porter,what is usually the most powerful of the five competitive forces?
A)Bargaining power of consumers
B)Potential development of substitute products
C)Potential entry of new competitors
D)Bargaining power of suppliers
E)Rivalry among competing firms

Question

Quizplus · Accepted Answer

The rivalry among competing firms is usually the most powerful of the five competitive forces, as it directly affects the intensity and sustainability of competition in an industry. The other forces - bargaining power of consumers, potential development of substitute products, potential entry of new competitors, and bargaining power of suppliers - may also influence industry competition, but their impact is usually secondary to the intensity of rivalry among existing competitors.

According to Porter,what Is Usually the Most Powerful of the Five