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A business manufacturing running trainers is considering exporting to a fast growing Asian market. Using Porter's Five Forces, which of the following statements is most likely to be incorrect?
Suggested Answer: A
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33 comments · newest first
DA
Danilo
11 months ago
Totally agree, substitutes will be everywhere in Asia!
TH
Thad
11 months ago
Surprised to see "low new entrants" as an option!
HI
Hillary
11 months ago
New entrants are probably not low, that's a bit off.
MO
Mohammad
12 months ago
I think competitive rivalry will definitely be high!
KA
Karan
12 months ago
Supplier power is usually high in new markets.
OR
Oretha
12 months ago
I’m a bit confused about the new entrants; I thought they would be high in a lucrative market, but maybe I’m mixing it up with another concept.
TA
Tasia
1 year ago
I feel like I saw a practice question where substitutes were mentioned as a significant threat, so I'm leaning towards that being a correct statement.
TW
Twana
1 year ago
I think competitive rivalry would definitely be high in a fast-growing market, but I'm not sure about the new entrants part.
CA
Carin
1 year ago
I remember studying that supplier power can vary, but in a growing market, it might actually be lower due to more options.
CA
Carman
1 year ago
This is a good test of my understanding of Porter's Five Forces. I'll need to really focus on the details of the question and the market context to determine the least likely high force.
PR
Precious
1 year ago
Okay, I've got this. The key is to analyze each of the five forces and figure out which one is the least likely to be high in this Asian market expansion scenario. I'll make sure to justify my answer.
GE
Georgeanna
1 year ago
Hmm, I'm a bit unsure about this one. I know Porter's Five Forces, but applying it to a specific business scenario is tricky. I'll have to read the question carefully and think it through step-by-step.
LO
Loise
1 year ago
This looks like a straightforward Porter's Five Forces analysis question. I'll need to think through each of the forces and determine which one is least likely to be high.
LA
Latrice
2 years ago
I'm feeling the need for speed on this one. I think option C is the way to go. New entrants? Pshh, they're gonna be lining up in Asia like it's a Black Friday sale!
JO
Josefa
2 years ago
D: Competitive rivalry is likely to be high in a fast growing market. That's where the real competition is.
GE
Germaine
2 years ago
C: Well, I think substitutes are likely to be high. There's always new technology coming out.
VE
Vernice
2 years ago
B: I disagree. I believe supplier power is likely to be high in that market.
MA
Marsha
2 years ago
A: I think option C is incorrect. New entrants are likely to be low in a fast growing Asian market.
BE
Beth
2 years ago
Haha, this question is making me sweat like a runner in the summer. But I'd have to say option B is the odd one out. Competitive rivalry? In Asia? You betcha!
EL
Elvis
2 years ago
Oh man, this is a tough one. I'd have to go with option D. Substitutes for running trainers? There's gotta be a lot of those in Asia!
TA
Talia
2 years ago
Yeah, I agree. It's important for the business to consider all factors before entering that market.
TI
Tish
2 years ago
I think you're right, there are probably a lot of substitutes for running trainers in Asia.
MO
Moon
2 years ago
Hmm, I'm not sure. I think option A might be the one that's off. Suppliers in Asia could have less bargaining power.
BE
Bernardo
2 years ago
User 3: Maybe new entrants are actually high in the Asian market, making option C incorrect.
VA
Vallie
2 years ago
User 2: I agree, it's possible that supplier power is not as high in that market.
ZO
Zoila
2 years ago
User 1: I think option A might be incorrect. Suppliers in Asia might not have high power.
KA
Kayleigh
2 years ago
I agree with Chanel, because in a fast growing market, there are usually more opportunities for new entrants.
CH
Chanel
2 years ago
I disagree, I believe the correct answer is C) New entrants are likely to be low.
TI
Tiera
2 years ago
I think the answer is A) Supplier power is likely to be high.
GI
Gilma
2 years ago
I think option C is the most likely to be incorrect. New entrants in a fast-growing Asian market would definitely be high.
JA
Jaleesa
2 years ago
A: So, it's safe to say that option C is not accurate when considering Porter's Five Forces.
FA
Fabiola
2 years ago
B: I agree, there would be a lot of competition from new players entering the market.
OD
Odette
2 years ago
A: I think option C is incorrect. New entrants are likely to be high in a fast-growing market.