It is a group of firms producing a similar product or service, such as airlines, fitness drinks, furniture, or electronic games.

• competitors

• industry

• organization

It is a detailed evaluation of a firm’s competitors.

• Group Analysis

• Industry Analysis

• Competitor analysis

a business research that focuses on the potential of an industry.

• group analysis

• industry analysis

• competitor analysis

He is the author of Five Forces Model

• Michelle Porter

• Michael Porter

• Mitch Parker

The model that is composed of the forces that determine industry profitability.

• Organizational Business Model

• Five Forces Model

• Competitor Business Model

the following are included in the competitive forces, which one is NOT?

• Suppliers

• Buyers

• Entrants

• Stakeholders

The following determines the intensity of Rivalry Among Existing Firms, which one is NOT?

• Number and balance of competitors

• Degree of difference between products

• Growth rate of an industry

• Attractiveness of substitutes Supplier

it can suppress the profitability of the industries from which they purchase by demanding price concessions or increases in quality

• Rivalry Among Existing Firms

• Bargaining Power of Suppliers

• Bargaining Power of Buyers

a new firm can apply the five forces model to help determine whether it should enter an industry is by using the model to answer several key questions.

• false

• true

The following are the barriers or threat of New Entrants, which one is NOT?

• Product differentiation

• Level of fixed costs

• Economies of Scale

• Capital requirements