Porters Five Forces

Porters Five Forces

12th Grade

19 Qs

quiz-placeholder

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Porters Five Forces

Porters Five Forces

Assessment

Quiz

Business

12th Grade

Practice Problem

Hard

Created by

Tanya Baughan

Used 203+ times

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19 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

List the five forces

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Porters first name?

Michael

John

Richard

Simon

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

According to the video give an example of an industry where the Five forces are benign (nonthreatening)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Porter's Five Forces, the 'threat of new entrants' relates to:

Barriers to entry

Substitutes

Switching costs

Buyer power

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Barriers to entry into an industry are likely to be high if:

Switching costs are low

Differentiation is low

Requirement for economies of scale is high

Access to distribution channels is high

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Buyer power is high if:

Differentiation is low

Switching costs are low

They have little information

The buyer requires a high quality product for their own production

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Competitive rivalry will be high if:

The industry is fragmented

There are a few strong players in the industry

There is a high degree of differentiation

The industry is in its infancy

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