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

question 84

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:

E-commerce

The buying and selling of goods and services over the internet, encompassing a wide range of online business activities.

B2C

Business-to-Consumer, a business model where companies sell products or services directly to individual consumers.

C2C

Consumer-to-Consumer, a business model that facilitates commerce between private individuals on the internet.

C2B

Consumer to Business, a type of economic relationship where individuals sell products or services to businesses.