Question: According to the five forces model, one potential threat in an industry is buyers. Yet unless buyers are satisfied, they are likely to look for

According to the five forces model, one potential threat in an industry is buyers. Yet unless buyers are satisfied, they are likely to look for satisfaction elsewhere. Can the fact that buyers can be threats be reconciled with the need to satisfy buyers?

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Yes it can If buyers are powerful as explained in the Five Forces Framework a firm cannot afford ... View full answer

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