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
Related questions
Question
![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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb93ab989-c3fc-4c40-b581-b08fc62dbb12%2F37794bd8-bb1c-4e47-b9e0-7a17ae57d7fc%2Fuc7tm2c_processed.png&w=3840&q=75)
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.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education