Question: A distribution agency was using facsimile machines to send and receive long - distance messages. This was replaced with an all - in - one
A distribution agency was using facsimile machines to send and receive longdistance messages. This was replaced with an allinone printer that could scan, copy, and fax. The cost of the new printer was almost the same as the facsimile machine. For the manufacturer of facsimile machines, this example exemplifies:
the bargaining power of suppliers.
the bargaining power of buyers.
the threat of substitute products.
the entry barrier for new entrants.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
