Which One of Porter's Five Forces Is High When It

question 26

Multiple Choice

Which one of Porter's five forces is high when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market?

• A) Threat of new entrants.
• B) Threat of substitute products or services.
• C) Threat of buyer power.
• D) Supply chain competition.

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Definitions:

Inherited Distinctions

Traits, status, or privileges that are passed down from one generation to another, often based on lineage or social class.

Immutable

Something unchangeable, unable to be altered or affected by changes in environment or time.

Cultural Power

The influence and ability of cultures or cultural entities to shape societal norms, values, and practices.

Institutional Racism

A form of racism that is embedded as normal practice within society or an organization, leading to discrimination and inequality.