Porter's five competitive forces that shape all industries are
A) regulations, suppliers, inflation rate, consumer preference, and technology
B) threat of new entrants, power of buyers and suppliers, substitutes, and competitive rivalry
C) power of buyers, number of suppliers, maturity of the industry, product differentiation, and economies of scale
D) threat of technology, supplier substitutions, buyer power, increasing number of competitors, and demographics

Question

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Porter's five forces are: threat of new entrants, power of buyers and suppliers, substitutes, and competitive rivalry. This model helps to analyze the level of competition within an industry and helps to develop strategies for sustainable competitive advantage.

Porter's Five Competitive Forces That Shape All Industries Are