Question: For each example presented in the table, identify the corresponding competitive force from Michael Porter s model. Example of a Competitive Force Threat of New

For each example presented in the table, identify the corresponding competitive force from Michael Porters model.
Example of a Competitive Force
Threat of New Entrants
Competitive Rivalry
Threat of Substitute Products
Power of Buyers
Power of Suppliers
If the price of gasoline increases, commuters will more often ride the bus instead of driving.
A manufacturer requires a lot of electricity to make its products, and there is only one electric utility to buy from.
Not many students earn top scores on standardized tests, so some universities offer them generous scholarships.

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