According to Porter's Five Forces Model,__________is low when customers have more options.
A) supplier power
B) buyer power
C) new entrant power
D) competitor power
E) Select

Question

Quizplus · Accepted Answer

When customers have more options, supplier power is low because customers can easily switch to other suppliers, reducing the influence and control that any single supplier has over the market.

According to Porter's Five Forces Model,__________is Low When Customers Have