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Durant is a leading manufacturer of armored vehicles for the U . S . Armed Forces. Durant has been able to secure many contracts because
Durant is a leading manufacturer of armored vehicles for the US Armed Forces. Durant has been able to secure many contracts because of its use of duranium, a rare metal that is difficult to locate and extract. Currently only one company, Minekraft, mines and supplies duranium. According to Porters FiveForces model for industry analysis, which force should Durant be most concerned with regarding Minekraft? a Threat of new entrants b Threat of substitute products and services c Bargaining power of suppliers d Rivalry among competitors e Threat of low resource allocation f Bargaining power of buyers
Durant is a leading manufacturer of armored vehicles for the US Armed Forces. Durant has been able to secure many contracts because of its use of duranium, a rare metal that is difficult to locate and extract. Currently only one company, Minekraft, mines and supplies duranium. According to Porters FiveForces model for industry analysis, which force should Durant be most concerned with regarding Minekraft?
a
Threat of new entrants
b
Threat of substitute products and services
c
Bargaining power of suppliers
d
Rivalry among competitors
e
Threat of low resource allocation
f
Bargaining power of buyers
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