According to the five-forces model of competition, the competitive forces affecting industry attractivenessMultiple choice question.do not include outside pressures.go beyond rivalry among competing sellers.are only important for the five different kinds of customers.do not include rivalry among competing firms.

Which of the following competitive forces affect an industry's attractiveness? (Check all that apply.)Multiple select question.Competitive pressures stemming from creating entry barriers in the marketCompetitive pressures associated with being the first entrant in a marketCompetitive pressures stemming from supplier bargaining powerCompetitive pressures associated with the threat of new entrants into the marketCompetitive pressures stemming from buyer bargaining power

Which of the following can be defined as a threat according to the five forces model?Multiple ChoiceProducts are unique and cannot be substituted.There are a large number of suppliers.Brand loyalty is very high.Only a few large customers are available to buy an industry's output.The level of rivalry among organizations in an industry is low.

How does the threat of substitutes impact industry dynamics according to Porter's Five Forces model?  A. Encourages price competition  B. Increases switching costs  C. Reduces buyer power  D. Forces companies to innovate

The rivalry among competing sellers in an industry intensifiesMultiple Choicewhen buyer demand for the product is growing rapidly.when customers are brand loyal and their costs to switch to competing brands or substitute products are relatively high.when buyer demand is strong and sellers have little or no excess capacity and only minimal inventories.as the number of rivals increases and as they become more equal in size and competitive capability.when the products of rival sellers are highly differentiated products and the industry consists of so many rivals that any one company’s actions have little direct impact on rivals’ business.

Which one of the following elements is NOT in Porter's Five Forces?Question 13Select one:Select one:a.New competitors in a different marketb.New types of related products/servicesc.Bargaining power of customersd.Competitors