According to Porter's Five Forces Model, in Which of the Following

question 20

Multiple Choice

According to Porter's five forces model, in which of the following situations would the supplier have the highest bargaining power?

• A)a dealer of a patented material for smartphone manufacturers
• B)a fashion designer catering to a niche market
• C)a restaurant owner who serves only army veterans
• D)a retailer who buys finished goods from many small suppliers

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Definitions:

Racial Injustices

Acts or instances of unfair treatment or discrimination against individuals based on their race or ethnicity.

Higher-order Conditioning

A form of learning in which a stimulus is first made meaningful or consequential through its association with another stimulus, and then that stimulus is used as a basis for learning about additional stimuli.

Classical Conditioning

Classical conditioning is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

Balloons

Flexible bags that can be inflated with a gas, such as helium, hydrogen, nitrous oxide, or air, and used for decorative, entertainment, or observational purposes.