BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is NOT a part of Porters 5 forces?
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Bargaining power of Suppliers
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Threat of New entrants
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Bargaining power of customers
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Financial threat
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Explanation:
Detailed explanation-1: -Political factor is not one of the Porter’s five force factor.
Detailed explanation-2: -The threat of substitute products or services This force studies how easy it is for consumers to switch from a business’s product or service to that of a competitor.
Detailed explanation-3: -Solution: Threats of technological advances is not one of Porters five competitive forces.
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