
Porter's Five Force Model
Authored by Samy Saeed
Business
University
Used 2+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Porter's Five Forces Model?
A framework for assessing and evaluating the competitive strength and positions of a business organization.
A marketing strategy for increasing sales.
A financial analysis tool.
A customer service guideline.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT included in Porter's Five Forces framework?
Threat of Substitute Products
Competitive Rivalry
Market Penetration Strategies
Bargaining Power of Customers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which force in Porter's Five Forces Model is concerned with the ability of customers to influence pricing and terms?
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Rivalry among Existing Competitors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which force in Porter's Five Forces Model deals with the influence suppliers have on the production process?
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Rivalry among Existing Competitors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The threat of new entrants depends upon the height of ________ in the market.
entry barrier
profit margin
market share
customer loyalty
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Powerful suppliers capture more of the value for themselves by ________ higher prices, limiting quality or services, or shifting costs to industry participants.
charging
avoiding
ignoring
reducing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Refer to the image of the two snack bags at the bottom right. These are examples of ________ products.
substitute
complementary
luxury
inferior
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