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According to Porter, what is usually the most powerful of the five competitive forces? a. Potential development of substitute products b. Bargaining power of suppliers c. Bargaining power of consumers *d. Rivalry among competing firms e. Potential entry of new competitors

According to Porter, what is usually the most powerful of the five competitive forces?a. Potential development of substitute products

b. Bargaining power of suppliersc. Bargaining power of consumers*d. Rivalry among competing firmse. Potential entry of new competitors

4 months ago

Answers : (2)

Vikas TU
14149 Points
							
Dear student 
According to Porter five forces include three forces from 'horizontal' competition
1. the threat of substitute products or services,
2.the threat of established rivals,
3. the threat of new entrants 
and two others from 'vertical' competition
1. the bargaining power of suppliers
2.the bargaining power of customers.
4 months ago
ankit singh
askIITians Faculty
609 Points
							
According to Porter, Rivalry among competing firms is usually the most powerful of the five competitive forces.thats the modt power ful force
4 months ago
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