Which of the Following Forces Is Commonly Reduced Through the Use

question 32

Multiple Choice

Which of the following forces is commonly reduced through the use of a loyalty program?

• A) Buyer power
• B) Supplier power
• C) Threat of new entrants
• D) Rivalry among existing competitors

---

Definitions:

Comparative Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the cause of their injury.

Wrongful Interference

An unlawful act by one party to disrupt or harm the business relationships or contracts of another party.

Business Relationship

A formal association between companies or individuals involved in professional activities, typically characterized by cooperation and transactions.

Production Function

A mathematical relation connecting inputs (like labor and capital) to the quantity of output that can be produced.