Exercise $1-5(5$ Points$)$:

MLAM Accounting Services Is a reputable accounting company providing a wide range of financial services to businesses and Individuals. The company aims to conduct a comprehensive Porter's Five Forces analysis to evaluate the competitive dynamics of the accounting Industry and develop strategic plans for sustainable growth.

Required:

Classify the below as Threat of New Entrants, Bargalning Power of Suppllers, Bargaining Power of Buyers, Threat of Substitute Products, and Intensity of Competitive RIvalry.

$\backslash$table$[[$Classification$],[$Threat of New Entrants$]]$

Factors

Industry Expertise: The company offers specialized accounting services tallored to cllent needs, making it challenging for generic software or general business consultants to substitute thelr services

Number and Diversity of Clients: The company serves a wide range of cllents, reducing dependeney on any single client.

Reputation and Client Relationshlps: Established accounting firms have long$-$standing relationships