Reference no: EM132214437
1. Who are implied indirect antagonists in Porter's model of the five forces of industry structure?
suppliers, customers, potential new entrants, and substitute products
suppliers, customers, potential new entrants, substitute products, and peer rivals
peer rivals
employees and regulators
2. What important industry-level outcome is a consequence of the industry's structural characteristics?
market share
profitability
favorable industry regulation
human resources
3. Porter argued that a company could sell to powerful buyers and still earn above-average profitability only under what conditions?
it is a low-cost producer in its industry or its products and services could be differentiated
it is a low cost producer in its industry
its products and services could be differentiated
it could successfully employ the experience curve strategy