Supplier Power Is One of Porter's Five Forces and It

question 185

True/False

Supplier power is one of Porter's five forces and it measures the suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services).

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Definitions:

JavaBean Model

A reusable software component model in Java that allows the creation and manipulation of reusable components.

Components

In computing, components are reusable software or hardware parts that can be integrated to form a more complex system.

Enterprise JavaBeans

A managed, server-side component architecture for modular construction of enterprise applications.

Socket

An endpoint for communication between two machines.