Examlex
If you go to Indonesia on vacation and have a conversation with your cab driver about your favorite television program,this is possible because of:
High Supplier Power
A market condition where suppliers have significant influence over the market price and terms of products because of the lack of competition or alternatives.
Threat from Substitutes
The risk that alternative products or services may satisfy the same customer needs, potentially reducing demand for the current product.
Levels of Rivalry
Refers to the intensity of competition between firms in a market, ranging from monopolistic to perfectly competitive scenarios.
RBV Perspective
Resource-Based View (RBV) refers to a method of analyzing and identifying a firm's strategic advantages based on its internal resources and capabilities.
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