According to Porter's Five-Force Model,if a Buyer Can Threaten to Backward

question 13

Multiple Choice

According to Porter's five-force model,if a buyer can threaten to backward vertically integrate,it will:

• A) decrease the buyer's bargaining power.
• B) increase the buyer's bargaining power.
• C) increase the supplier's bargaining power.
• D) lower the threat of entry into the industry.

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Definitions:

Determinants of Performance

Factors or elements that significantly influence the output, efficiency, or effectiveness of individuals, teams, or organizations.

Essential Operations

Core activities necessary for an organization or system to function effectively.

Minimizes Costs

Strategies or actions taken to reduce expenses and financial outlay in business operations or personal budgeting.

Efficiency

The ability to achieve a desired result with minimal waste of time, effort, or resources.