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Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's five forces model.Which of the following represents buyer power in the soft drink industry?
External Variables
Factors outside of an individual's immediate control that can impact outcomes or behaviors.
Human Nature
The inherent characteristics, including ways of thinking, feeling, and acting, that all humans tend to have naturally, irrespective of societal influence.
Self-control Techniques
Methods or strategies used by individuals to regulate their thoughts, feelings, and actions to achieve personal goals or adhere to societal expectations.
Satiation
Refers to the state of being satisfied to the full, often used in the context of eating until one feels full, but can also refer to other experiences of fulfillment.
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