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According to Porter, the nature of competitiveness in a given industry can be viewed as a composite of the following five forces : 1. Rivalry among competing firms.2. Potential entry of new competitors.3. Potential development of substitute products.4. Bargaining power of suppliers.5. Bargaining power of consumers.Identify the force which is central (most powerful) to remaining four :

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


According to Porter, the nature of competitiveness in a given industry can be viewed as a composite of the following five forces : <br />1. Rivalry among competing firms.<br />2. Potential entry of new competitors.<br />3. Potential development of substitute products.<br />4. Bargaining power of suppliers.<br />5. Bargaining power of consumers.<br />Identify the force which is central (most powerful) to remaining four :






 
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