Question: Explain how the two industries are similar and different based on your porters five forces analysis. Porter s Five Forces New Industry Automotive Manufacturing Industry
Explain how the two industries are similar and different based on your porters five forces analysis. Porters Five Forces
New Industry
Automotive Manufacturing Industry Threat of Substitute Products
The threat of substitute products is relatively high in the automobile industry due to the existence of several alternative modes of transportation.
Low because it's uncertain if producing these potential rival goods would be less expensive than producing the industry's current offerings.
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