Which one of these is not a __________ part of porter's competitive forces in industry analysis?
Answers
Explanation:
stable and predictable ok
Which one of these is not a __________ part of porter's competitive forces in industry analysis?
A. Bargaining power of suppliers
B. Threats of new entrants and barriers to entry
C. Threats of technological advances
D. Threats of substitutes
The correct answer is :
C. Threats of technological advances
Explanation :
The threat of technological advances is not among the competing forces of porters. Porters have some competitive force, which is called competitive competition. These include three forces from horizontal competition, which are the risk of substitute products or services, the risk of established competitors, and the risk of investors. There are two vertical competition forces, which include the bargaining power of suppliers and the bargaining power of customers. Threats to technological development are not part of the competitive forces of porters in the porter's industry analysis.
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