Question: Using the 5 - forces framework, how would you characterize the competition in the luxury goods industry? Threat of substitute insignificant, New entrants unwilling to

Using the 5-forces framework, how would you characterize the competition in the luxury goods industry?
Threat of substitute insignificant, New entrants unwilling to enter, Bargaining power of suppliers low, bargaining power of buyers high, rivalry among competitors high
Threat of substitute insignificant, New entrants unwilling to enter, Barganing power of suppliers high, bargaining power of buyers high, rivalry among competitors high
Threat of substitute insignificant, New entrants willing to enter, Bargaining power of suppliers low, bargaining power of buyers high, rivalry among competitors high
Threat of substitute insignificant. New entrants unwilling to enter, Barganing power of suppliers low, bargaining power of buyers high, rivalry among competitors low
 Using the 5-forces framework, how would you characterize the competition in

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