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Question
According to Porter's five-force model, if suppliers of a particular good are very abundant, _____.A. their bargaining power will be less
B. their level of differentiation will be very high
C. their level of vertical integration in the industry will be high
D. their annual employee turnover rates will be less
Answer
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Related questions
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D. the product design is adopted by the majority of producers.
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Technological innovations increase:
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Technological innovation decreases the amount of output achievable from a given quantity of labor and capital.
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What are the factors that determine whether switching to a new technology will benefit a firm?
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Once a new product design becomes a dominant design:
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B. it becomes difficult for competitors to imitate.
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B. the firm should improve its efficiency to target the mass market.
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