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

question 30

Multiple Choice

In the context of Porter's Five Forces Model, which of the following 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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