True/False
According to Michael Porter, five competitive forces create vital opportunities and threats to organizations: 1)rivalry among competing firms, 2)potential entry of new competitors, 3)potential development of substitute products, 4)bargaining power of suppliers, and 5)bargaining power of consumers.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Walgreens and CVS pharmacies are located generally
Q44: Five major categories of external variables are:
Q45: Which of the following sectors of the
Q47: _ is NOT part of an external
Q48: Which of the following is NOT a
Q50: External audits attempt to identify key variables
Q50: Freund argues that key external factors must
Q84: Forecasts are educated assumptions about future trends
Q92: In an EFE Matrix, opportunities often receive
Q107: The historical trend of people moving from