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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?
Exercising Authority
The act of using power or control in an official capacity to enforce rules or make decisions.
Flexibility
The ability to adapt to new, changing, or challenging circumstances with ease and resilience.
Discretion
The freedom to decide what should be done in a particular situation, often granted to officials or authorities in their decision-making processes.
Power
The ability or capacity of an individual or group to influence or control the actions, behaviors, or opinions of others.
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