💰 CPA Exam Prep

Porters Five Forces model includes all EXCEPT:

A Threat of new entrants
B Government regulation
C Bargaining power of buyers
D Threat of substitutes

✓ Correct Answer: Option B

Porters Five Forces: (1) New entrants, (2) Buyer power, (3) Supplier power, (4) Substitutes, (5) Rivalry. Government regulation is not one of the five.

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