Walmart Is Perhaps One of the Best Illustrations of the Threat

question 84

Multiple Choice

Walmart is perhaps one of the best illustrations of the threat of ________ found in Porter's model.

• A) intense segment rivalry
• B) suppliers' growing bargaining power
• C) buyers' growing bargaining power
• D) substitute products
• E) new entrants

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Definitions:

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others.

Accounting Services

Professional services that include bookkeeping, audit, tax preparation, financial analysis, and consultancy related to financial management.

Offshoring

The practice of moving a part of a company's operations or business processes to another country to reduce costs or take advantage of favorable conditions.

Trade Adjustment Assistance

A federal program that provides aid to workers who lose their jobs or whose hours and wages are reduced as a result of increased imports.