Question

Drag each situation to the relevant force from Porter$$s Five Forces model.

SituationForce

A bank increases its account charges because it believes customers are reluctant to switch to another bank due to the inconvenience involved.

A social media campaign has been established encouraging a boycott of a retailer that uses a legal tax avoidance scheme.

A car manufacturing company is considering offering cars for daily rental.

Mobile phone $($cell phone$)$ network providers are experiencing falling revenue due to customers communicating using Wi$-$Fi$.$

An established television broadcaster reduces the rates it charges for advertising after losing market share to a similar broadcaster.

Threat of new entrants

Bargaining power of suppliers

Bargaining power of customers

Threat of substitute products

Competitive rivalry