Which of Porter's Five-Forces Is Most Directly Influenced by the Following

question 19

Multiple Choice

Which of Porter's Five-Forces is most directly influenced by the following factors: number and balance of competitors, degree of difference between products, growth rate of an industry, and level of fixed costs?

• A) threat of new entrants
• B) rivalry among existing firms
• C) threat of substitutes
• D) bargaining power of buyers
• E) bargaining power of suppliers

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Definitions:

Frequency Bar Chart

A graphical representation using bars to show how often each different value in a set of data occurs.

Car Dealer

A business entity that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary.

Overall Service

A term referring to the totality of services provided by an organization, assessed based on quality, efficiency, and customer satisfaction.

Pie Chart

A pie chart segmented into slices to illustrate the percentages of a total.