By Establishing High Switching Costs,which of the Forces in Porter's

question 67

Multiple Choice

By establishing high switching costs,which of the forces in Porter's five forces model is being addressed?

• A)bargaining power of customers
• B)bargaining power of suppliers
• C)threat of new entrants
• D)threat of substitutions

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Definitions:

Moral Development

The process by which individuals develop attitudes and behaviors towards what is considered right and wrong.

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Conventional

Pertaining to commonly accepted standards or methods, often in contrast to innovative or unconventional approaches.