Which of Porter's Five Forces Is Most Closely Associated with the Concept

question 67

Multiple Choice

Which of Porter's five forces is most closely associated with the concept "barrier to entry"?

• A) Bargaining power of suppliers
• B) Rivalry among existing firms
• C) Threat of new entrants
• D) Bargaining power of buyers
• E) Threat of substitutes

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Definitions:

Negotiation Skills

The abilities that allow individuals to reach agreements or compromises by discussion, aiming for mutually beneficial outcomes.

Sales Presentation

A sales presentation is a structured pitch where a product or service is explained and promoted to potential customers, aiming to secure a sale or agreement.

Office Networking Systems

Refers to the digital and technological infrastructure that supports communication and resource sharing within an office or organization.

New Customer

An individual or entity who has never previously purchased from or engaged with a business.