Porter's Competitor Analysis Framework

What is bargaining power of suppliers?

• It's the impact on businesses caused by manufacturers

• It's the impact on businesses caused by competitors

• It's the impact on businesses caused by consumers

• All of these answers are correct

What is one threat included in Porter's Five Forces?

• Threat of Industry

• Threat of Limited Income

• Threat of Rejects

• Threat of New Entrants

What is a reason for using Porter's Competitive Analysis Framework?

• The create a financial plan

• To hire a loss mitigation department

• To decide what new products to release

• To help identify the greatest threats

What is one factor of rivalry among competitors?

• The amount of money a company spends on advertising

• The size of the competitors

• All of these answers are correct

• The color of the competitor's logo

If you sell in-home coffee makers, what is an example of a substitution product?

• A change in the design of the coffee maker

• A coffee from Starbucks

• Buyers uniting to boycott the coffee maker

• A competing in-home coffee maker