Porter's Five Forces model did not recognize the: a. power of complement providers. b. bargaining power...
Porter's Five Forces model did not recognize the:
| a. |
power of complement providers. |
|
| b. |
bargaining power of suppliers. |
|
| c. |
risk of entry by potential competitors. |
|
| d. |
closeness of substitutes to an industry's products. |
|
| e. |
intensity of rivalry among established companies within an industry. |
Homework Answers
1. A. Power of complement providers
When we consider Michael Porter’s five forces, we can say that
it relates to the power of substitute products, not complementary
providers.
Add Answer to:
Porter's Five Forces model did not recognize the:
a.
power of complement providers.
b.
bargaining power...
describe each of Porter’s 5 forces Model. Also, indicate how and which of the forces are...
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