7 Salalah Company is an Omani company, operating in the food industry and sells its products to only government institutions. Which of the following best describes this situation in the context of the Five Forces model? Select one: a. Bargaining Power of Buyers is low because food industry is a profitable industry b. Rivalry in the food industry is high c. Bargaining Power of Buyers is high, because government is the only customer. d. Threat of New Entrants because Salalah company operates for a long time

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 36P
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7 Salalah Company is an Omani company, operating in the food industry and sells its products to only government institutions. Which of the following best describes this situation in the context of the Five Forces model? Select one: a. Bargaining Power of Buyers is low because food industry is a profitable industry b. Rivalry in the food industry is high c. Bargaining Power of Buyers is high, because government is the only customer. d. Threat of New Entrants because Salalah company operates for a long time
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