Solved

When a Company Is in Its Planning Stage, It Must

Question 57

Multiple Choice

When a company is in its planning stage, it must analyze the existing market to plan its path to success. According to Porter, there are five forces that shape the industry a business operates within. Which of the following is one of those five forces?


A) Existing entrants
B) Power of managers
C) Threat of substitutes
D) Threat of suppliers

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions