Question

Ted works in his family's bakery business. they supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. ted thinks he should put free wi-fi in the store front (which seats about 15 people). this idea reflects which one of porter's five competitive forces?

Answer 1

I guess the correct answer is rivalry among existing firms in an industry

Ted works in his family’s bakery business. They supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the store front (which seats about 15 people).

The idea that reflects one of Porter’s five competitive forces is the rivalry among existing firms in an industry.