Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's five forces model.Which of the following represents supplier power in the music industry?
A)Established record labels like EMI, Sony, Universal.
B)Walmart, Target, iTunes.
C)Game systems like Wii, social networks like Facebook.
D)Taylor Swift, Beyoncé, The Beatles, The Stones.

Question

Quizplus · Accepted Answer

The established record labels like EMI, Sony, and Universal have significant power as suppliers in the music industry, as they control the distribution and production of music.

Your Boss, Ty Jacob, Has Asked You to Analyze the Music