## Quiz Questions

#### 1. When buyers are able to join together to put pressure on a supplier, this is which of Porter's Five Forces?
- Competitive rivalry
- Threat of new entrants
- **Bargaining power of customers**
- Threat of substitute products

#### 2. Of Porter's Five Forces, which force has the greatest influence on whether an industry would be profitable?
1. Competitive rivalry  
2. Threat of new entrants  
3. **Bargaining power of customers**  
4. Threat of substitute products

#### 3. When suppliers are limited or inputs are scarce, which of Porter's Five Forces are at play?
1. Competitive rivalry  
2. Threat of new entrants  
3. **Bargaining power of suppliers**  
4. Threat of substitute products

## About This Quiz & Worksheet  
What are each of the forces discussed in Porter's model? How are they defined? You must have a strong understanding of these concepts in order to correctly answer all questions appearing in this quiz/worksheet combo.

## Quiz & Worksheet Goals  
You must demonstrate the following abilities to do well on this assessment:
- Identify which of Porter's Five Forces focuses on the joining together of buyers to pressure a supplier
- Note which of these forces has the greatest influence on profitability
- Select which of these forces are at play when suppliers are limited or inputs scarce
- Name the force that would tell us about the difficulty of gaining a competitive advantage as a newcomer to a particular industry
- Choose which force would warn one to be cautious about entering a field in which it is easy to substitute one product for another

## Skills Practiced
- **Reading comprehension** - ensure that you can draw the most important information from the lesson, such as which of Porter's Five Forces are concerned with limited supplies and scarce inputs  
- **Information recall** - access the knowledge you've gained regarding the force that refers to profitability  
- **Knowledge application** - use your knowledge to answer questions about the forces that have to do with the competitive disadvantage of industry newcomers and the banding together of buyers to put pressure on a supplier

## Additional Learning  
You can view more details about this business topic using the lesson titled Porter's Five Forces: Definition & Examples. You will have the opportunity to learn more about:
- What factor is most important when considering starting a business
- Who created the five forces model
- Which types of industries can apply this model