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Author Question: Porter's five forces model deals with the potential for new firms to enter a market. Which of the ... (Read 67 times)

bclement10

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Question 1

According to Porter, marketing is
◦ one of the factors in the five forces model of competition.
◦ part of the support value chain.
◦ part of the primary value chain.
◦ none of the above.

Question 2

Porter's five forces model deals with the potential for new firms to enter a market. Which of the following would not deter new entrants?
◦ High capital requirements
◦ Existing products are highly differentiated.
◦ The existing firms have large economies of scale.
◦ A highly elastic market demand curve


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Marked as best answer by bclement10 on May 25, 2020

blazinlyss

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bclement10

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review


ASDFGJLO

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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