According to Porter's Five Forces Model, in Which of the Following

question 108

Multiple Choice

According to Porter's five forces model, in which of the following situations would the suppliers have the highest bargaining power?

• A)a single vendor providing raw materials to many department stores
• B)a fashion outlet catering to a niche market
• C)a bank liquidating during a fire sale
• D)a large retailer buying goods from many small suppliers

---

Definitions:

Nuclear Family

A family unit consisting of two parents and their children, living together as a single household.

Kin

Individuals related by blood or marriage.

National Surveys

Large-scale assessments or studies conducted to gather information on a variety of topics from a representative sample of a nation's population.

Millennial

A person born approximately between the early 1980s and late 1990s, characterized as being digitally savvy, value-oriented, and possibly facing different socioeconomic challenges than previous generations.