Porter's Five Forces

Random Miscellaneous Quiz

Can you name the Five Forces?

Quiz not verified by Sporcle

How to Play
Factors & ImplicationsFive Forces
a. Small number of buyers b. Firms purchase large volume c. Firms may easily switch to another product d. Buyers can do without a firm's product e. Customers are price sensitive
a. Similarities of substitutes; e.g. If the price of coffee rises substantially, a coffee drinker may switch to tea b. Substitutes may be viewed as a new entrant.
a. Existing loyalty to major brands b. Incentives for using high fixed costs c. Scarcity of resources d. High cost of switching companies e. Government restrictions/legislation.
a. Few supplies of a particular product b. There are no substitutes c. Switching to another (competitive) product is very costly d. The product is extremely important.
a. Many firms are about the same size (no dominant firm) b. Little differentiation between competitors products and services c. A mature industry with very little growth.

Friend Scores


  Player Best Score Plays Last Played
You You haven't played this game yet.

You Might Also Like...

Extras

Created Jul 12, 2010ReportNominate
Tags:factor, five, force, porter