______ in the Porter's Five Forces Model Is High When

question 67

Multiple Choice

______ in the Porter's Five Forces Model is high when buyers have many choices of whom to buy from and low when their choices are few.

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

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Definitions:

Performance Contingency

A situation or condition where the outcome or success of a process or task is dependent on certain factors or performances being met.

Availability

The state of being readily accessible or obtainable when needed.

Rewards Motivate

The principle that incentives or positive outcomes encourage individuals to perform certain behaviors.

Situational Constraints

External conditions or circumstances that limit or restrict someone's actions or behaviors in a given situation.