The five forces that affect the level of competition in an industry are
A. Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry.
B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession.
C. Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry.
D. Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action.
Answer:A
The five forces that affect the level of competition in an industry are
A. Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry. B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession. C. Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry. D. Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action.