The Strength of Competitive Pressures That Suppliers Can Exert on Industry

question 26

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)whether the industry's position in the growth cycle is favorable.
• 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:

Prejudice and Discrimination

Prejudice and discrimination refer to the biased and often unjust treatment of individuals based on preconceived notions or negative attitudes towards their race, ethnicity, gender, religion, or other characteristics.

Employment Opportunities

Available jobs or positions that individuals can apply for in the workforce.

Structural Causes

Structural causes refer to underlying societal structures and systems, such as economic, political, or social institutions, that contribute to persistent issues or conditions within a society.

Poverty

A condition where individuals or communities lack the financial resources to meet basic needs for healthy living, including food, shelter, education, and access to healthcare.