Question: In the five forces model developed by Michael Porter, q , is not defined narrowly as a firm's closest competitors but rather more broadly to

In the five forces model developed by Michael Porter,

q,

is not defined narrowly as a firm's closest competitors but rather more broadly to include other factors in an industry like buyers, suppliers, potential new entry of other firms, and the threat of substitutes.

a stakeholder

regulation

competition

a barrier to entry

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q,

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In the five forces model developed by Michael Porter, q, is

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