FIVE FORCES MODEL QUIZ

Refers to the competitive struggle for market share between firms in an industry.

Refers to the potential of the suppliers to increase the prices of inputs like labor, raw materials, services, or the costs of industry in other ways.

Refers to the customers who finally consume the product or the firms who distribute the industry's product to the final consumers.

Five forces analysis is a framework for industry analysis and business strategy development formed by?

It determines the competitive intensity, and it also determines the ultimate profit potential of the industry.

These are the alternative products/ brands satisfying the similar need of the customer.

It refers to the potential of buyers to bargain down the prices charged by the firms cost in the industry by demanding better quality and service of the product.

Comparatively the government policies are _______ for apparel industry to startup.

Product differentiation will be high for new entering industry in terms of _____________.

Power of buyers..........

When they buy in ___________?