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:

Line Managers

Managers who are directly responsible for overseeing employees and operations within a specific department or segment of the organization.

Bottom-Line Contributions

The impact an individual or action has on the net earnings or profitability of an organization.

Ancillary Workers

Support staff who provide essential services that complement the primary functions of an organization, but are not part of the core workforce.

Enhancing Productivity

The act of increasing the efficiency and effectiveness of processes or systems to produce more output with the same or fewer inputs.