Which of the following is true according to Porter's model?
A) When start-up costs are low, the threat of new entrants to existing businesses is high.
B) The power of buyers reduces when deep discounts can be demanded of suppliers.
C) The power of suppliers is high when constant competition forces them to innovate.
D) The threat of substitutes is high when there are very few alternative products.
A
Business
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Differentiate between free trade area and customs union
What will be an ideal response?
Business
A document for production that gives the instruction to make a given quantity of a particular item, usually to a given schedule, is a(n):
A) work order. B) route sheet. C) bill of information. D) assembly chart. E) value analysis.
Business