Components Of The Compatative Inviornment

Question 1

Rivalry among existing competitors

Answer 1

Competition for the same customer

- try to win the market share

Question 2

Threat of new entrance

Answer 2

Threat of a new company with a better price

Question 3

Threat of substitute product or service

Answer 3

Something that’s an actual substitute of a product but cheeper

Question 4

Bargaining power of the suppliers

Answer 4

They have the power to leave

Question 5

Barging power of the supplier

Answer 5

They can choose what they will supply you with

Question 6

Components Of The Compatative Inviornment

Answer 6

1-rivalry among exciting competitors 
2- threat of new entrance 
3-threat of substitution production or services 
4- bargaining power  of the customer
5- bargaining power of the supplier