General Studies · Porter's Five Forces
Based on Porter's Five Forces model, choose the option that best explains the likely impact on profitability for solar installation firms if local governments introduce stringent licensing and certification requirements, making it costly and time-consuming to obtain necessary permits.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Increase in competitive rivalry, leading to decreased profitability.
- 2Increase in the threat of substitute products, leading to decreased profitability.
- 3Decrease in the threat of new entrants, leading to increased profitability.✓
- 4Increase in the bargaining power of suppliers, leading to decreased profitability.
Correct answer
Decrease in the threat of new entrants, leading to increased profitability.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for General Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Porter's Five Forces MCQs →Want more practice questions on Porter's Five Forces?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in General Studies · Porter's Five Forces