Business Studies · Strategic Management
According to Michael Porter's Five Forces Model, an industry is considered least attractive when:
- 1competitive rivalry is intense and supplier bargaining power is strong✓
- 2new entrants are heavily deterred by government regulations
- 3buyer concentration is low and product differentiation is high
- 4entry barriers are high and substitutes are weak
Correct answer
competitive rivalry is intense and supplier bargaining power is strong
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