The Strength of Competitive Pressures That Suppliers Can Exert on Industry

question 77

Multiple Choice

The strength of competitive pressures that suppliers can exert on industry members is MAINLY a function of:

• A) whether needed inputs are in short supply and whether suppliers provide differentiated input that enhances performance of the product.
• B) whether suppliers self-manufacture what they supply or source their items from other manufacturers.
• C) the industry's position in the growth cycle.
• D) whether technological change in the businesses of suppliers is rapid or slow.
• E) whether the needs and expectations of supplier-seller relationships are changing slowly or rapidly.

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Definitions:

Simple Interest Rate

The percentage of an amount of money which is paid as interest for a certain period of time, without compounding.

Investment

Allocation of resources, usually money, in expectation of a future return or profit.

Interest

The cost of borrowing money or the return on investment, typically expressed as a percentage.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money, or what a lender earns on an investment, over a specific period.