In the Context of Porter's Five Forces Model, Which Is

question 21

Multiple Choice

In the context of Porter's Five Forces Model, which is a difference between buyer power and supplier power?

• A)Buyer power is low when customers have many choices, whereas supplier power is low when customers have fewer options.
• B)Buyer power is high when customers have few choices, whereas supplier power is high when customers have more options.
• C)Buyer power is low when customers have many options, whereas supplier power is low when customers have more choices.
• D)Buyer power is high when customers have many choices, whereas supplier power is high when customers have fewer options.

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Definitions:

Acceptance

The act of recognizing and embracing a reality or condition without attempting to change it.

Feedback Element

A component within a system that is used to provide input back into the system to regulate its function or output.

Healthy Food Choices

Selecting foods that contribute to good health, such as fruits, vegetables, whole grains, and lean proteins.

Heart Failure

A chronic condition where the heart is unable to pump blood efficiently to meet the body's needs.