Question: The five - forces model of competition ( as shown in Figure 3 . 3 ) does not include competitive pressures stemming from the threat

The five-forces model of competition (as shown in Figure 3.3) does not include
competitive pressures stemming from the threat of new entrants into the market. competitive pressures from companies in other industries selling substitute products competitive pressures stemming from the exercise of supplier bargaining power. competitive pressures triggered by the unexpected appearance of new and powerful driving force competitive pressures stemming from the exercise of buyer (or customer) bargaining power.
 The five-forces model of competition (as shown in Figure 3.3) does

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