Michael Porter's five forces model includes which one of the following combinations?
1. A Threat of new potential entrants
2. Threat of substitute product/service
3. Bargaining power of suppliers
4. Bargaining power of buyers
5. Rivalry among current competitors
6. Rivalry among prospective competitors
A. 1, 3, 4, 5, 6
B. 1, 2, 4, 5, 6
C. 1, 2, 3, 5, 6
D. 1, 2, 3, 4, 5
Answer: Option D
Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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