A Segment Is Unattractive If the Company's Suppliers Are Able

question 120

Multiple Choice

A segment is unattractive if the company's suppliers are able to raise prices or reduce quantity supplied.Which of the following is the best illustration of the threat of suppliers' growing bargaining power

• A) Wal-Mart has almost no competitors in its marketspace.
• B) Oil companies must purchase a significant amount of their product from OPEC.
• C) McDonald's is the largest fast-food franchise and is still growing.
• D) The U.S. Post Office has merged package operations with FedEx.
• E) Sears unsuccessfully attempted to compete with Wal-Mart and Kmart.

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Definitions:

Harry Braverman

An American Marxist, known for his work on labor and monopoly capitalism, most notably in his book "Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century."

Worker Movements

Collective initiatives by employees aimed at achieving better working conditions, rights, and benefits through organizing and advocacy.

Efficiency

The ability to accomplish a task or a goal with the least waste of time and effort; the competency in performance.

Braverman

Refers to Harry Braverman, an American Marxist, noted for his work on labor and monopoly capital, particularly for his theory on the degradation of work.