Porter's "Five Forces Model" is based on
A)the laws of supply and demand.
B)the law of diminishing returns.
C)the Structure-Conduct-Performance model.
D)the key factors affecting demand.

Question

Quizplus · Accepted Answer

Porter's "Five Forces Model" is based on the Structure-Conduct-Performance model, which focuses on analyzing the competitive structure of an industry and how it affects the behavior of firms operating within it. This model includes analyzing the bargaining power of suppliers and buyers, threat of new entrants, threat of substitute products or services, and intensity of competitive rivalry within the industry.

Porter's "Five Forces Model" Is Based on