In the context of Porter's Five Forces Model, which of the following is a difference between buyer power and supplier power?

A) Buyer power is low when customers have many choices, whereas supplier power is low when customers have fewer options.
B) Buyer power is high when customers have few choices, whereas supplier power is high when customers have more options.
C) Buyer power is low when customers have many options, whereas supplier power is low when customers have more choices.
D) Buyer power is high when customers have many choices, whereas supplier power is high when customers have fewer options.

D

Business

You might also like to view...

The guidance least likely to apply to personal financial planning (PFP) engagements is

a. Confidential Client Information Rule b. Independence Rule c. Statement on Standards for Consulting Services d. Statement on Standards for Attestation Engagements related to financial forecasts and projections

Business

In an MPR plan, the strategy component explains how media mentions and word-of-mouth will be accomplished

Indicate whether the statement is true or false

Business