The bargaining power of a customer is weak if ________.
A) the availability of a substitute is limited
B) the cost of switching to a substitute is low
C) competitors offer products with same benefits at lower prices
D) new entrants are offering a product that uses more recent technology
Correct Answer:
Verified
Q6: Which of the following statements describes a
Q7: Briefly describe how organizational strategy determines the
Q8: Porter originally developed the five forces model
Q9: Competitive strategy determines an organization's value chain.
Q10: Which of the following describes suppliers in
Q12: Porter developed the five forces model to
Q13: The competitive strategy followed by an organization
Q14: The bargaining power of _ is one
Q15: Porter's five competitive forces can be grouped
Q16: Substitutions may not be viable options for
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