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Which of the following is not part of Porter’s five forces model?

Taylor Swift's success in getting Apple to pay artists royalties on Apple Music is example of:

Porter 5 Forces

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Answers

1
Taylor Swift's success in getting Apple to pay artists royalties on Apple Music is example of:
Bargaining power of buyers
Bargaining power of suppliers
threat new entrants
①threat of substitutes
2
Which of the following is not part of Porter’s five forces model?
Industry competitorsMarket dominated by one competitor
Threat of competitor imitation strategies
Bargaining power of buyers
Threat of new entrants
3
Porter's five forces model would be most helpful in a business deciding
which industries to enter or leave
How to package a new product
What price to charge for a product
The best method of promotion in a market
4
What is the main purpose of Porter's Five Forces Model?
Inform investment appraisal decisions
Decide which products to launch
Analyse competition in a market
Manage product portfolio
5
What is likely to happen if many new businesses enter a market?
Industry profits will increase
Barriers to entry will rise
Industry capacity will fall
Competitive rivalry will intensity
6
Which of these situations is likely to cause high bargaining power of suppliers?
Many alternative sources of supply
Many customers with low brand loyalty
Resources inputs are not essential to product quality
A few large suppliers dominate the market supply