Porters 5 Forces
- Created by: Quila
- Created on: 08-01-18 14:08
Other questions in this quiz
2. Which of the following does this definition apply to: Factors that obstruct or restrict the entry of new firms into an industry or market.
- Buyer Power
- Barriers to Entry
- Substitute Threat
- Rivalry
3. Which is the correct definition of Porters 5 Forces?
- A model that highlights different management styles.
- It measures the sensitivity of demand to changes in income.
- A model that analyses the competitive environment in which the business operates.
- A technique that allows an organisation to assess its overall position.
4. Would expired patents affect entry threat?
- Yes
- No
- Depends on type of business.
- Yes, but only if the unit costs are low.
5. Which of the following is not included in Porters 5 forces?
- Pay Bargaining
- Threat of Entry
- Bargaining Power of Suppliers
- Competitive Rivalry Within the Industry
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