Which of the Following Is One of Michael Porter's Five

question 25

Multiple Choice

Which of the following is one of Michael Porter's five competitive forces?

• A) the bargaining power of suppliers
• B) the bargaining power of the government
• C) the threat of industrial slowdown
• D) the threat of technological obsolescence

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Definitions:

Supply Chain Network

A complex system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Global Network Design Decisions

Involve determining the optimal configuration and management of a company's supply chain operations across global markets to enhance efficiency and performance.

Suppliers Availability

The readiness and ability of suppliers to provide the necessary goods and services as demanded by the purchasing organization.

Transportation Services

Services that include the movement of goods and people from one location to another using various modes of transport.