In the Context of Porter's Five Forces Model, an Organization

question 83

Multiple Choice

In the context of Porter's Five Forces Model, an organization limits buyers' choices by:

• A)encouraging the use of the Internet to gather information about products.
• B)launching duplicate products or services in the marketplace.
• C)offering services that make it difficult for customers to switch.
• D)charging market competitive rates for its products or services.

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Definitions:

Input Device

Hardware used to enter data and control signals into a computer or other devices, such as keyboards, mice, and microphones.

Webcam

Short for web camera, a small camera used for communicating via video across the Internet.

Live Video

Video broadcast in real time as events happen, without significant delay.

Good Attitude

A positive mindset or outlook characterized by optimism, cooperation, and a willingness to face challenges constructively.