Bargaining Power of Consumers Is Usually the Most Powerful of Porter's

question 26

True/False

Bargaining power of consumers is usually the most powerful of Porter's five competitive forces.

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Definitions:

ICANN

The Internet Corporation for Assigned Names and Numbers, a nonprofit organization responsible for coordinating the maintenance and procedures of several databases related to the namespaces of the Internet, thereby ensuring the network's stable and secure operation.

ISPs

Internet Service Providers, companies or organizations that offer users access to the internet and related services.

Point Of Presence

A physical access point to the Internet where different networks meet to exchange data.

DNS Server

A server on the Internet that translates human-friendly domain names into IP addresses, facilitating the location of computer services and devices.