Which of the following is one of the five forces that determine the long-term profitability of a company in a market?
A)potential competitors
B)size and prominence of the company
C)talent of the company's staff
D)quality of the company's product

Question

Quizplus · Accepted Answer

Potential competitors is one of the five forces of Porter's Five Forces model, which determines the long-term profitability of a company in a market. The other four forces are the bargaining power of suppliers, the bargaining power of buyers, the threat of substitutes, and the intensity of competitive rivalry. The size and prominence of the company, talent of the company's staff, and quality of the company's product are not explicitly part of the model but can indirectly affect the five forces.

Which of the Following Is One of the Five Forces