Which Forces Typically Represent Vertical Competition in a Value Chain

question 54

Multiple Choice

Which forces typically represent vertical competition in a value chain?

• A) potential entry and substitutes.
• B) buyer power and rivalry among existing firms
• C) supplier power and potential entry.
• D) buyer power and supplier power

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Definitions:

Expectancy Violations Theory

A theoretical framework suggesting that people's reactions to others' behavior are based on whether they exceed or fall short of expectations.

Illustrator

A professional or application that creates or uses images to accompany text or to convey ideas visually.

Regulator

Elements or behaviors in communication that control, govern, or adjust the flow of conversation.

Nonverbal Skills

The ability to communicate and interpret messages without the use of words, through body language, facial expressions, and other non-verbal cues.