The Strength of Bargaining Power Forces Depends on the Availability

question 52

Multiple Choice

The strength of bargaining power forces depends on the availability of substitutes and ________ compared to the size of suppliers or customers.

• A)the amount of profit made annually
• B)the relative size of the firm
• C)the presence of competitors in the market
• D)the threat of new competitors

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Definitions:

Ionic

Relating to ions; typically describes chemical bonds formed between atoms when electrons are transferred, resulting in charged particles.

Metallic

Pertaining to elements that exhibit metallic properties, including luster, conductivity, and malleability.

Intermolecular

Pertaining to the forces or interactions that occur between molecules, affecting their physical properties and behaviors.

Electron Shells

Levels or orbits around the nucleus of an atom where electrons are likely to be found.