Which Forces Typically Represent Horizontal Competition in a Value Chain

question 1

Multiple Choice

Which forces typically represent horizontal competition in a value chain?

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

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Definitions:

Norms

Social rules or standards that govern behavior in groups or societies, often unwritten and learned implicitly.

Expected Behaviors

Actions or reactions that are considered appropriate, usual, or predicted in a given situation based on societal norms or standards.

Shared Beliefs

Common convictions or views held by a group that form the basis for social bonding and collective behavior.

Social Role

A set of expectations and behaviors associated with a particular position or status in a group or society.