According to Michael Porter, the suppliers in an industry enjoy bargaining power when ________
A) there are many suppliers to choose from
B) their products or services are not differentiated
C) their products or services carry low switching costs
D) their businesses are not threatened by alternative products
D
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Buta Corp.,a shoe manufacturer, makes a commercial proposal under the Bankruptcy and Insolvency Act. The company's premises are heated by gas. Cowhide Co. normally supplies the leather for making the shoes. Which of the following is TRUE?
A) The gas company must continue to supply gas on credit. B) The gas company must continue to supply gas but only if it is paid for any gas supplied after the date of the proposal. C) Cowhide must continue to supply leather on credit. D) Cowhide must continue to supply leather but only if it is paid for the leather after the date of the proposal. E) Both B and D
In the typical ________ structured organization, employees work in small teams and are
encouraged to participate in direct one-on-one communications with other associates, customers, and suppliers. A) multidivisional B) functional C) matrix D) network