Question: The five - forces model of competition ( as shown in Figure 3 . 3 ) does not include competitive pressures stemming from the threat
The fiveforces model of competition as shown in Figure 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.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
