Which one of Porter's Five Forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?
A) Threat of new entrants.
B) Threat of substitute products or services.
C) Threat of buyer power.
D) Supply chain competition.
Correct Answer:
Verified
Q109: Shawn McGill is on the executive board
Q124: The banking industry has implemented several competitive
Q138: Michael Porter defined the Five Forces Model
Q147: What are costs that make customers reluctant
Q149: What includes all parties involved, directly or
Q150: Which of the following represents a typical
Q151: What is a feature of a product
Q210: Kevin Campbell is an incoming freshman at
Q407: How can a company reduce the threat
Q411: If a supplier has high power what
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents