According to Porter,________ Refers to the Power That Customers Have

question 73

Multiple Choice

According to Porter,________ refers to the power that customers have over the firms operating in an industry.

• A)the threat of new entrants
• B)buyer power
• C)supplier power
• D)the threat of substitute products
• E)intensity of rivalry

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Definitions:

Gender-Egalitarianism

Gender-egalitarianism is a belief in the equal rights, responsibilities, and opportunities of all genders, advocating for social, legal, and economic equality.

Scandinavian Countries

Nations in Northern Europe, typically including Denmark, Norway, Sweden, Finland, and Iceland, known for their comprehensive welfare states and high standard of living.

Second Wave

Refers to the second wave of feminism that emerged in the 1960s, focusing on issues of equality, workplace rights, and reproductive rights.

Sexual Violence

Any sexual act, attempt to obtain a sexual act, unwanted sexual comments or advances, or acts to traffic someone’s sexuality, using coercion.