Question

:- which one of these is not a __________ part of porter's competitive forces in industry analysis

a. bargaining power of consumers

b. development of substitutes

c. competitive rivalry

d. threat of new entrants

Answer 1

a bargening power of cansumer

Answer 2

Answer:

a) bargaining power of consumers

Explanation:

Poter's Five Forces is a framework that is used to analyse a company's competitive environment. Porter's competitive forces in industry analysis can be used to form business strategy to increase competitive advantage. the model can be applied to any segment of the economy, and enhance a company's long-term profitability. Porter's five forces are. competition in the industry, potential of new entrants into the industry, power of suppliers, power of customers, threat of substitute products.