Question: When evaluating a company using Porter's Five Forces as a model, you determine that the risk of new companies starting to make the same product

When evaluating a company using Porter's Five Forces as a model, you determine that the risk of new companies starting to make the same product is a high risk which needs to be mitigated. Which of Porter's Five Forces does this represent?

a. The Entry of New Competitors

b. Threat of Substitution

c. Bargaining Power of Buyers

d. Bargaining Power of Suppliers

e. Rivalry of Existing Competitors

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!