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Porter's Five Forces: Definition & Examples

Authored by Sarai Roman

Business

Professional Development

Used 6+ times

Porter's Five Forces: Definition & Examples
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5 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

1. If it's easy to substitute one product for another in an industry, which of Porter's Five Forces tells us to be cautious about entering?

Threat of new entrants

Threat of substitute products

Competitive rivalry

Bargaining power of suppliers

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Of Porter's Five Forces, which force has the greatest influence on whether an industry would be profitable?

Bargaining power of customers

Threat of new entrants

Threat of substitute products

Competitive rivalry

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When buyers are able to join together to put pressure on a supplier, this is which of Porter's Five Forces?

Competitive rivalry

Bargaining power of customers

Threat of new entrants

Threat of substitute products

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of Porter's Five Forces tell us that in an industry with a lot of patents it might be difficult to gain a competitive advantage if you are new to the industry?

Threat of new entrants Bargaining power of suppliers Competitive rivalry Threat of substitute products

Bargaining power of suppliers

Competitive rivalry

Threat of substitute products

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When suppliers are limited or inputs are scarce, which of Porter's Five Forces are at play?

Threat of new entrants

Competitive rivalry

Threat of substitute products

Bargaining power of suppliers

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