Which of the following is NOT one of Porter's five primary forces?

1. Rivalry among competing sellers in an industry
2. Threat of potential new entrants in an industry
3. Threat of flooding the industry with excellent products
4. Bargaining power of suppliers in an industry
5. Substitute products from another industry

3. Threat of flooding the industry with excellent products

Explanation:

Here are Porter's five primary forces:

- Competition between organizations in the same industry.

This create a sense of rivalry that force each organizations to keep improving their products and services.

This is what represented by option 1.

- Potential of new entrants into the industry.

New entrants into the industry will take a portion of market share. This will benefit the customers because it often force competitors to lower the price of their product

This is what represented by option 2

- Power of suppliers.

Suppliers have the ability to connect the producers and the customers. This give them enough leverage to influence the price imposed by the company.

This is what represented by option 4

- threat of substitute products.

Just like new entrants, substituted products could also take away the market share and reduce the profit that can be taken by companies. This is what represented by option 5.

- Power of customers

Customers could create a demand based on their preference. Companies will have to tried their best to fulfill this demand if they wanted to survive.

This is not mentioned in the options above.

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the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.