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Porter’s Framework identified five forces that make up the competitive environment. Which of the following correctly describes 'Threat of New Entrants?'
  • a)
    It analyzes how much power and control a company’s supplier.
  • b)
    It is defined as new capacity and the desire to gain market share.
  • c)
    It is also described as the market of outputs.
  • d)
    The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternatives
  • e)
    It examines how intense thecurrent competition is in the marketplace, which is determined by the number of existing competitors and what each competitor is capable of doing.
Correct answer is option 'B'. Can you explain this answer?
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Porter’s Framework identified five forces that make up the competitiv...
The correct answer is It is defined as new capacity and the desire to gain market share.
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Porter’s Framework identified five forces that make up the competitive environment. Which of the following correctly describes 'Threat of New Entrants?'a)It analyzes how much power and control a company’s supplier.b)It is defined as new capacity and the desire to gain market share.c)It is also described as the market of outputs.d)The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternativese)It examines how intense thecurrent competition is in the marketplace, which is determined by the number of existing competitors and what each competitor is capable of doing.Correct answer is option 'B'. Can you explain this answer?
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Porter’s Framework identified five forces that make up the competitive environment. Which of the following correctly describes 'Threat of New Entrants?'a)It analyzes how much power and control a company’s supplier.b)It is defined as new capacity and the desire to gain market share.c)It is also described as the market of outputs.d)The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternativese)It examines how intense thecurrent competition is in the marketplace, which is determined by the number of existing competitors and what each competitor is capable of doing.Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Porter’s Framework identified five forces that make up the competitive environment. Which of the following correctly describes 'Threat of New Entrants?'a)It analyzes how much power and control a company’s supplier.b)It is defined as new capacity and the desire to gain market share.c)It is also described as the market of outputs.d)The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternativese)It examines how intense thecurrent competition is in the marketplace, which is determined by the number of existing competitors and what each competitor is capable of doing.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Porter’s Framework identified five forces that make up the competitive environment. Which of the following correctly describes 'Threat of New Entrants?'a)It analyzes how much power and control a company’s supplier.b)It is defined as new capacity and the desire to gain market share.c)It is also described as the market of outputs.d)The existence of products outside of the realm of the common product boundaries increases the propensity of customers to switch to alternativese)It examines how intense thecurrent competition is in the marketplace, which is determined by the number of existing competitors and what each competitor is capable of doing.Correct answer is option 'B'. Can you explain this answer?.
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