Bargaining Leverage, Price Sensitivity, and Threat of Backward Integration Are

question 166

Multiple Choice

Bargaining leverage, price sensitivity, and threat of backward integration are some of the elements influencing the five-forces factor of ________.

• A) the threat of new entrants
• B) supplier power
• C) buyer power
• D) the threat of substitutes

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Definitions:

Unexpected Detours

Situations or incidents that cause one to deviate from a planned or expected route or course of action.

Liable

Legally responsible for something, especially in the context of financial or legal obligations.

Bailment

The transfer of possession and control of personal property to another with the intent that the same property will be returned later.

Bailee

The person to whom personal property is transferred under a contract of bailment.