Customers Tend to Exhibit a Powerful Force on Competition in the Industry

question 12

Multiple Choice

Customers tend to exhibit a powerful force on competition in the industry if:

• A)There are a large number of customers that buy the product
• B)Few similar products exist
• C)Purchases customers make from the industry are large relative to the amount spent for items from other industries
• D)The sellers' products are highly differentiated
• E)The customers are earning high profits

---

Definitions:

Heteronormativity

Is the belief that sex is binary (one is either male or female as conventionally understood), that sex ought to be perfectly aligned with gender, and that sexual relations are appropriate only between people of the opposite sex.

Social Assumption

Preconceived notions or generalized beliefs held by individuals about other people, groups, or societal norms, often without supportive evidence or personal experience.

Genitalia

The external and internal organs of the reproductive system in animals and humans.

Sexuality

The capacity for sexual feelings, including a person's sexual orientation, preferences, and practices.