Michael Porter suggested that managers view the environments in which they operate in terms of five competitive forces. These are the threat entrants, competitive rivalry, the threat of substitute products, the power of buyers, and the power of suppliers.

Using your knowledge of the environmental forces, indicate which environmental force is represented by each example.

New

Entrants

Competitors

Suppliers

Buyers

Substit

There are thousands of brands of craft beer.

The local electric company is the only source of electricity in the community.

In $2015$ and $2016,$ respectively, Amazon Handmade and Facebook

Marketplace were launched as places where individuals could find buyers for one$-$of$-$a$-$kind items.

A Starbucks opened around the corner from the local coffee shop.

Walmart makes large purchases from suppliers to stock inventory for its customers.