Question: When applying Porter's Five Forces model, what is the correct term to describe the influence exerted by customers in the industry? Buyer Power Supplier Power

When applying Porter's Five Forces model, what is the correct term to describe the influence exerted by customers in the industry?
Buyer Power
Supplier Power
Substitute Power
New Entrants Power
 When applying Porter's Five Forces model, what is the correct term

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!