Which Forces Typically Represent Horizontal Competition in a Value Chain

question 1

Multiple Choice

Which forces typically represent horizontal competition in a value chain?

• A) rivalry among existing firms and supplier power.
• B) potential entry and buyer power.
• C) substitutes and potential entry.
• D) buyer power and supplier power.

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Definitions:

British North American Colonies

The British North American Colonies were the territories in North America controlled by Britain until the American Revolution, including the 13 colonies that declared independence in 1776.

Imperial Authorities

Imperial authorities refer to the governing bodies or individuals, such as emperors and their administrations, that hold supreme power in an empire, overseeing wide territories and diverse populations.

Paper Money

A type of currency issued by nations' governments or central banks, representing a government's obligation to pay the amount printed on it.

Massachusetts

A state in the northeastern United States, significant for its role in early American history, especially during the American Revolution.