According to Porter,________ Refers to the Power That Customers Have

question 73

Multiple Choice

According to Porter,________ refers to the power that customers have over the firms operating in an industry.

• A)the threat of new entrants
• B)buyer power
• C)supplier power
• D)the threat of substitute products
• E)intensity of rivalry

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Definitions:

Unethical Decision

Choices made that contradict established moral principles, potentially causing harm or disadvantage to others.

Organizational Structure

The arrangement of duties, processes, reporting hierarchies, and communication pathways that connect different sections of an organization.

Unethical Behavior

Actions that are dishonest, immoral, or does not adhere to accepted social and professional standards.

Organizational Structure

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including rules, roles, and responsibilities.