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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

one month ago

Answers : (2)

Vikas TU
12278 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.
one month ago
ankit singh
askIITians Faculty
596 Points
							
According to Porter, Rivalry among competing firms is usually the most powerful of the five competitive forces.thats the modt power ful force
one month ago
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