Multiple Choice
The bargaining power of a customer is weak if ________.
A) the availability of a substitute is limited
B) the cost of switching to a substitute is low
C) competitors offer products with same benefits at lower prices
D) new entrants are offering a product that uses more recent technology
Correct Answer:

Verified
Correct Answer:
Verified
Q98: An organization can choose to either minimize
Q99: An organization responds to the structure of
Q100: Porter originally developed the five forces model
Q101: Which of the following activities is a
Q102: Business processes implement value chains or portions
Q103: Differentiate between value and margin.
Q104: Describe the support activities in a value
Q105: What must facilitate the organization's competitive strategy?<br>A)
Q107: The competitive strategy of an organization determines
Q108: Establishing alliances with other organizations promotes product