With Regard to the Threat of Suppliers, Product Differentiation

question 84

Multiple Choice

With regard to the threat of suppliers, product differentiation

• A) reduces the threat of suppliers because a firm with a highly differentiated product can pass increased costs on to customers.
• B) increases the threat of suppliers because a firm with a highly differentiated product is unable to pass increased costs on to customers.
• C) has no impact on the threat of suppliers.
• D) can either increase or reduce the threat of suppliers.

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Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Dealing

The act of engaging in commercial transactions or negotiations.

Calorie Restrictions

A dietary regimen involving reduced calorie intake without malnutrition, often researched for its potential health benefits and longevity effects.

Diet

The variety of foods and beverages consumed by an individual, especially with regard to maintaining or improving health.