Porter's five forces model identifies factors which determine the nature and strength of competition in an industry. Which of the following is not one of the five forces identified in Porter's model?
A、Substitute products or services
B、New entrants to the industry
C、Bargaining power of customers
D、Government regulation of the industry
A、Substitute products or services
B、New entrants to the industry
C、Bargaining power of customers
D、Government regulation of the industry
【参考答案及解析】
Rationale: The other forces are bargaining power of suppliers and rivalry amongst current competitors in the industry
Rationale: The other forces are bargaining power of suppliers and rivalry amongst current competitors in the industry