Question: QUESTION 3 7 According to Michael Porter, five competitive forces define the nature of competitiveness in a given industry: 1 ) rivalry among competing firms,

QUESTION 37
According to Michael Porter, five competitive forces define the nature of competitiveness in a given industry: 1) rivalry among competing firms, 2) potential entry of new competitors, 3) potential development of substitute products, 4) bargaining power of suppliers, and 5) bargaining power of consumers.
True
False
 QUESTION 37 According to Michael Porter, five competitive forces define the

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