The bargaining power of ________ is one of the five competitive forces in Porter's five forces model.
A) investors
B) competitors
C) employees
D) customers

Question

Quizplus · Accepted Answer

The bargaining power of customers is one of the five competitive forces in Porter's five forces model. This refers to the ability of customers to influence the price and quality of products or services offered by a company. Customers with high bargaining power can demand lower prices, better quality, and greater convenience, which can reduce the profitability of a company.

The Bargaining Power of ________ Is One of the Five