Bargaining Power of Consumers Is Usually the Most Powerful of Porter's

question 26

True/False

Bargaining power of consumers is usually the most powerful of Porter's five competitive forces.

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Definitions:

Present Sense Impression

A legal term referring to an exception to the hearsay rule, allowing a statement describing or explaining an event or condition made while the declarant was perceiving the event or condition, or immediately thereafter, to be admissible as evidence.

Excited Utterance

A statement made spontaneously and without reflection in the excitement of the moment, considered an exception to the hearsay rule in legal proceedings.

Friendly To

Approachable or welcoming towards others, often used to describe environments or technologies that are user-friendly.

Credible Regarding

Seen as trustworthy or believable in relation to a specific topic or context.