In Porter's Five Competitive Forces Model, "Competition from Substitute Goods

question 41

Multiple Choice

In Porter's Five Competitive Forces model, "competition from substitute goods or services" refers to

• A)substitute products that come from outside the industry.
• B)substitute products that come from domestic competitors in the same industry.
• C)substitute products that come from foreign competitors in the same industry.
• D)competition from producers of substitutes who outsource their production.