The threat of buyers in the hardwood furniture industry is best described as
A) high because there are many suppliers,none of which represents a significant portion of the hardwood furniture industry's sales.
B) low because of the slow industry growth and the commodity nature of the suppliers.
C) low because there are many suppliers,none of which represents a significant portion of the hardwood furniture industry's sales.
D) high because of the slow industry growth and the commodity nature of the suppliers.
Correct Answer:
Verified
Q2: Proprietary technology often is more important as
Q5: Learning-curve cost advantages are present when the
Q9: Within the five forces framework, when all
Q17: The threat of entry in an industry
Q22: In general, it is rarely the case
Q30: Suppliers are a greater threat to firms
Q32: The threat of buyers is greater if
Q35: A firm's supplier poses a greater threat
Q50: In the hardwood furniture industry,composite wood furniture
Q51: The threat of suppliers in the legal
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents