Which of the following is not one of Porters five competitive forces?
A. Bargaining power of suppliers
B. Threats of new entrants and barriers to entry
C. Threats of technological advances
D. Threats of substitutes
Answer: Option C
Solution(By Examveda Team)
Threats of technological advances is not one of Porters five competitive forces. Porter's five forces include three forces from 'horizontal' competition--the threat of substitute products or services, the threat of established rivals, and the threat of new entrants--and two others from 'vertical' competition--the bargaining power of suppliers and the bargaining power of customers.Related Questions on Strategic Management
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