Analyzed in Terms of Porter's Five Forces Model,Walmart's Ability to Dictate

question 56

True/False

Analyzed in terms of Porter's five forces model,Walmart's ability to dictate terms to the music industry is one indication of the retail giant's supplier power.

---

Definitions:

Income Bond

A bond that pays interest to its holders only if the issuing company has earned enough profits to cover the interest payments.

Business Law

The body of law that governs business and commercial transactions, including contracts, property, and liability.

Undisclosed Principal

A principal whose identity is not revealed by the agent to the third party during a transaction, creating legal implications concerning the agent's liability.

Disclosed Principal

A principal whose identity is made known by the agent to a third party at the time of entering into a contract, which directly affects the liability and obligations under the contract.