BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is not an element of Porter’s Forces Model?
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The potential thread from new entrants
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The firm’s macroenonomic environment
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The firm’s existing competition
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The bargain power of suppliers
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Explanation:
Detailed explanation-1: -Political factor is not one of the Porter’s five force factor. The Porter’s five forces tool is a simple but powerful tool to evaluate the power of business.
Detailed explanation-2: -Complementary products is not a force in the Porter Five Forces model.
Detailed explanation-3: -Q. Which of the following is not an element of Porter’s 5 Forces Model? The firm’s macroeconomic environment.
There is 1 question to complete.