Bargaining leverage, price sensitivity, and threat of backward integration are some of the
elements influencing the five -forces factor of ________.
A) the threat of substitutes B) supplier power
C) buyer power D) the threat of new entrants
C
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Some services require that the client be present to conduct the service. Which of the following is an example of such a service?
A) pest control B) furniture polishing C) surgery D) car repairing E) tax services
Which of the following statements is true about the firm-level consequences of market globalization?
A) The globalization of markets has narrowed down new business opportunities for internationalizing firms. B) Globalization drives firms to relocate key value-adding activities to the most advantageous locations around the world. C) A firm's value chain is not subject to internationalization. D) Through offshoring, a firm relocates a major value-chain activity by establishing a factory or subsidiary in the home market.