Question: 20) According to the five forces framework, forward integration by suppliers may lower the industry profitability by: a. Decreasing the cost of production b. Granting

20)

According to the five forces framework, forward integration by suppliers may lower the industry profitability by:

a. Decreasing the cost of production

b. Granting suppliers power to increase the prices of their supplies to the focal firm

c. Reducing the number of potential suppliers

d. Making the industry more concentrated

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