Question: 9. Why does profitability change over time? A. New regulations B. Changes in demographics C. A reduction or an increase in economies of scale D.
9. Why does profitability change over time?
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| A. | New regulations | |||||||||||||||
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| B. | Changes in demographics | |||||||||||||||
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| C. | A reduction or an increase in economies of scale | |||||||||||||||
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| D. | Changes in the availability and number of suppliers | |||||||||||||||
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| All of the answers are correct. 10. True or false: One way for a buyer to increase its (bargaining) power would be to buy very large volumes of a single product True False 11. True or false: A supplier basing its competitive advantage on a unique standard for its product makes it easier for customers to switch to another supplier. True False 12. Which of the following is not a component of Porter's Five Forces Framework?
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