Organized labor would be considered in Porter's five forces model as a:
A) Supplier
B) Substitute
C) Potentially lowering rivalry
D) Reducing profitability
E) Buyer
Correct Answer:
Verified
Q22: Suppliers are powerful if:
A) There are low
Q23: The threat of new entrants is high
Q24: Substitutes form:
A) Price floor
B) Price ceiling
C) Industry
Q25: Rivalry increases when:
A) The number of competitors
Q26: The higher the _ the more likely
Q28: What is a substitute product?
A) A product
Q29: Strategic groups are:
A) Firms from substitute industries
B)
Q30: In a value chain, the primary activities
Q31: In the value chain the support activities
Q32: Evaluation and control is employed to _:
A)
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