According to Porter, Strategies to Raise Structural Barriers Include All

question 79

Multiple Choice

According to Porter, strategies to raise structural barriers include all of the following EXCEPT

• A)tie up suppliers by obtaining exclusive contracts.
• B)avoid suppliers that also serve competitors.
• C)decrease scale economies.
• D)block channel access by signing exclusive agreements.
• E)raise buyer switching costs by offering training to users.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, granting the holder a share in the company's profits and losses.

Consolidation Entry

Journal entries made in the consolidation process to adjust and eliminate intercompany transactions between parent and subsidiary entities in consolidated financial statements.

Inventory Transfer

The process of moving goods from one location to another within the same business entity.

Cost of Goods Sold

Immediate expenses incurred in the production of a company’s merchandise, including labor and material costs.