According to Porter's Competitive Forces Model,Apple,Microsoft,and Auto Manufacturers Have Strong

question 59

True/False

According to Porter's competitive forces model,Apple,Microsoft,and auto manufacturers have strong bargaining power as suppliers because their brands are powerful.

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Definitions:

Collateral

Assets pledged by a borrower to secure a loan or other credit, and subject to seizure on default.

Perfected Through Possession

A legal status indicating that a party's interest in a piece of property or an asset is fully secured and acknowledged legally because they possess it.

Stocks

Equity investments representing ownership interests in corporations, giving shareholders a claim on the company's earnings and assets.

Certificates of Deposit

Interest-bearing bank deposits with a fixed maturity date, penalty for early withdrawal, and are insured.