All of the Following Are Porter's Competitive Forces EXCEPT

question 65

Multiple Choice

All of the following are Porter's competitive forces EXCEPT

• A) differentiation.
• B) bargaining power of buyers.
• C) bargaining power of suppliers.
• D) threat of substitute products.
• E) potential new entrants.

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Definitions:

Periodic Replenishment

Periodic Replenishment refers to the inventory management practice of ordering or producing goods at regular intervals, regardless of the inventory levels.

Continuous Review

A system of managing inventory where the stock levels are continuously monitored, with orders placed as soon as inventory drops to a predetermined level.

Safety Inventory

A quantity of stock kept on hand to prevent stockouts due to variability in supply or demand.

Product Availability

The extent to which a product can be purchased at any given time and location.