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A Company's Chosen Strategy Is the Route It Uses to Arrive

Question 76

Multiple Choice

A company's chosen strategy is the route it uses to arrive its destination. A guiding set of principles for laying out the long-term goals is known as Porter's Five Forces. Which of the following best represents the bargaining power of a carrot farmer as a supplier?


A) A carrot farmer gives first choice of their organic crops to the customer who pay their bills fastest.
B) A carrot farmer notices that the farm next door has started to grow and sell beets.
C) A carrot farmer's customers have the option to purchase from a new company that delivers in half the time.
D) The new owner of a carrot farm has decided to switch from carrots to growing and selling tomatoes.

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