Differentiation of Inputs, Threat of Forward Integration, and Switching Costs

question 182

Multiple Choice

Differentiation of inputs, threat of forward integration, and switching costs of firms in the industry are some of the elements in 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:

Pipeline Positions

Key roles within an organization for which successors are prepared in advance.

Senior Management Team

A group of high-level executives responsible for making strategic decisions that dictate a company's direction and overall management.

HR Planning

The process of forecasting an organization's future human resource needs and developing strategies to fulfill those needs.

Internal Employee Movement

The transfer or promotion of employees within an organization, often as part of career development or succession planning strategies.