Your Boss,Ty Jacob,has Asked You to Analyze the Music Industry

question 427

Multiple Choice

Your boss,Ty Jacob,has asked you to analyze the music industry using Porter's Five Forces model.Which of the following represents supplier power in the music industry?

• A) Established record labels like EMI,Sony,Universal
• B) Walmart,Target,iTunes
• C) Game systems like Wii,social networks like Facebook
• D) Taylor Swift,Beyoncé,The Beatles,The Stones

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Definitions:

Nuclear Family

A family unit consisting of two parents and their children, regarded in some societies as the ideal or most desirable family structure.

Primary Child-rearing

The fundamental process wherein parents or guardians provide the care, socialization, and education necessary for a child's development.

Expressive Role

A social role that focuses on emotional, supportive, and nurturing behavior, typically associated with maintaining relationships and the social cohesion of groups.

Immediate Development

pertains to rapid progress or improvement in conditions or capabilities, occurring without significant delay.