The five competitive forces model suggests the bargaining power of buyers may affect industry competition. Which of the following is an example of a way buyers might affect an industry? OA. Wal-Mart has limited bargaining power over suppliers, which results in many of their suppliers altering their distribution systems to accommodate Wal-Mart's need to control the stocks of goods in stores. OB. McDonald's has significant bargaining power over napkin suppliers, which raises the napkin prices they pay OC. The Technicolor Company no longer has any bargaining power over movie studios, limiting the profitability of producing color movies OD. Wal-Mart has significant bargaining power over its suppliers, which raises the prices suppliers can charge OE. GM has significant bargaining power in the tire market, which reduces the profitability of tire manufactures
The five competitive forces model suggests the bargaining power of buyers may affect industry competition. Which of the following is an example of a way buyers might affect an industry? OA. Wal-Mart has limited bargaining power over suppliers, which results in many of their suppliers altering their distribution systems to accommodate Wal-Mart's need to control the stocks of goods in stores. OB. McDonald's has significant bargaining power over napkin suppliers, which raises the napkin prices they pay OC. The Technicolor Company no longer has any bargaining power over movie studios, limiting the profitability of producing color movies OD. Wal-Mart has significant bargaining power over its suppliers, which raises the prices suppliers can charge OE. GM has significant bargaining power in the tire market, which reduces the profitability of tire manufactures
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The five competitive forces model suggests the bargaining power of buyers may affect industry competition.
Which of the following is an example of a way buyers might affect an industry?
OA. Wal-Mart has limited bargaining power over suppliers, which results in many of their suppliers altering their distribution systems to accommodate Wal-Mart's
need to control the stocks of goods in stores.
OB. McDonald's has significant bargaining power over napkin suppliers, which raises the napkin prices they pay
OC. The Technicolor Company no longer has any bargaining power over movie studios, limiting the profitability of producing color movies.
OD. Wal-Mart has significant bargaining power over its suppliers, which raises the prices suppliers can charge
OE. GM has significant bargaining power in the tire market, which reduces the profitability of tire manufactures.
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