Which Forces Typically Represent Vertical Competition in a Value Chain

question 42

Multiple Choice

Which forces typically represent vertical competition in a value chain?

• A) Potential entry and substitutes.
• B) Buyer power and rivalry among existing firms
• C) Supplier power and potential entry.
• D) Buyer power and supplier power

---

Definitions:

Fugitive Slave

A term used historically to describe enslaved people who escaped from bondage in an effort to gain freedom, often facing harsh laws if caught.

Escaping

The act of breaking free from restraint or confinement, often used in contexts such as escaping from slavery or prison.

Underground Railroad

A network of secret routes and safe houses established in the United States during the early to mid-19th century, used by African-American slaves to escape into free states and Canada with the aid of abolitionists.

Paternalism

The policy or practice on the part of people in positions of authority of restricting the freedom and responsibilities of those subordinate to or dependent upon them, supposedly for the latter’s own good.