Which of the following is not one of Porters five competitive forces?

A Bargaining power of suppliers
B Threats of new entrants and barriers to entry
C Threats of technological advances
D Threats of substitutes

Correct Answer: Threats of technological advances

Threats of technological advances is not one of Porters five competitive forces. Porter's five forces include three forces from 'horizontal' competition--the threat of substitute products or services, the threat of established rivals, and the threat of new entrants--and two others from 'vertical' competition--the bargaining power of suppliers and the bargaining power of customers.

Related Questions

The modern desire for wealth is not inherent in human nature, and varies with social values. If, by law, we all had exactly the same income, we should have to find some other way of being superior to our peers, as most of our craving for material possessions would cease. Thus a general increase of wealth gives no competitive advantage to an individual and therefore brings him no competitive happiness. [Identify the most logical conclusion.]
Non-coplanar concurrent forces are those forces which
Coplanar concurrent forces are those forces which
Non-coplanar non-concurrent forces are those forces which

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