Porter's Five Forces of Competitive Industry Analysis comprises the analysis of the interplay of the following five factors:
A) Suppliers, buyers, technologies, competitors, and systems.
B) Suppliers, buyers, new entrants, competitors, and substitutes.
C) Systems, buyers, new entrants, products, and substitutes.
D) Systems, products, buyers, substitutes and new markets.

Question

Quizplus · Accepted Answer

Porter's Five Forces include suppliers, buyers, new entrants, competitors, and substitutes. These factors determine the intensity of competition in a particular industry and the profitability of companies operating in that industry. The other options listed do not accurately reflect the elements of Porter's Five Forces.

Porter's Five Forces of Competitive Industry Analysis Comprises the Analysis