When Microsoft Introduced Encarta, It Caused the Sale of Hard

question 128

Short Answer

When Microsoft introduced Encarta, it caused the sale of hard copy encyclopedias sold by Encyclopedia Britannica to drop sharply. This is an example of which of Porter's five forces?
Rivalry among existing competitors
Threat of potential entrants
Suppliers
Buyers
Substitutes

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Definitions:

Lordosis

Lordosis refers to the inward curvature of a part of the lumbar and cervical spine, appearing as a swayback posture.

Scoliosis

A condition characterized by an abnormal lateral curvature of the spine.

Foramen Magnum

The Foramen Magnum is a large opening in the base of the skull through which the spinal cord connects to the brain.

Stenosis

A condition characterized by the abnormal narrowing of a body channel or opening.