Question: A supplier group is powerful if . . . . It is dominated by a few companies and is more concentrated than the industry it

A supplier group is powerful if ....
It is dominated by a few companies and is more concentrated than the industry it sells to
It is not obligated to contend with other substitute products for sale to the industry
The industry in which the supplier is selling to is an important customer of the supplier
The supplier groups products are not differentiated compared to competitors

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

1 Whole Food to Acquire Wild Oats1 On February 21, 2007, Whole Foods and Wild Oats executed an agreement whereby Whole Foods would purchase all of the outstanding shares of Wild Oats common stock....

Q:

1. INTRODUCTION SINCE the COVID-19 outbreak was first announced, more than 210 countries and territories have reported more than one case. By early August 2020, there had been more than 20 million...

Q:

Your group has been engaged by M55 Auto Parts Ltd as cost consultants to review the companfs present cost accounting procedures. The CEO of M55 Auto Paris seeks your analysis and recommendations...

Q:

Read article and apply Porters five-factor model to one of the following markets, and answer the following questions: snack food market consumer banking market golf equipment market laptop market hot...

Q:

Running Head: FOREVER INNOVATION TECHNOLOGIES Forever Innovation Technologies OOO 1 Running Head: FOREVER INNOVATION TECHNOLOGIES 1 Introduction Forever Innovation Technologies (FIT) is a 35 employee...

Q:

A supplier group is powerful if it is dominated by a few companies and is more concentrated than the industry to which it sells

Q:

Brand identification creates a barrier to entry by forcing entrants to spend less to overcome customer loyalty. 1) True 2) False Question 32 (1 point) Eco-efficiency is the term used to describe...

Q:

A supplier group is powerful if it is dominated by a few companies and the product is unique. a ) True b ) False

Q:

Please I have an article on which the questions come from. Please feel out the form appropriately. Please let me know if you can do a good job on this. I have similar exercise coming. Thanks ARTICLE...

Q:

Please I have an article on which the questions come from. Please feel out the form appropriately. Please let me know if you can do a good job on this. I have similar exercise coming. Thanks ARTICLE...

Q:

Should employers have the right to ban or restrict smoking by their employees at the workplace? Why do you think so?

Q:

Table P-23 in Chapter 3 contains the quarterly income before extraordinary items for Southwest Airlines for the years 1988-1999. a. Using Minitab, smooth the Southwest Airlines income data using...

Q:

Dennis sells a motorcycle to Eltoe without disclosing that the odometer, which reads 1 0 , 0 0 0 miles, was disconnected 1 0 0 , 0 0 0 miles ago. Dennis is most likely liable for frastulest...

Q:

Assume it is Monday, May 1, the first business day of the month, and you have just been hired as the accountant for Colo Company, which operates with monthly accounting periods. All of the companys...