Question: According to Porter's industry forces, _ _ _ _ _ is a measure of the influence that suppliers of parts, materials, and services to firms

According to Porter's industry forces, _____ is a measure of the influence that suppliers of parts, materials, and services to firms in an industry have on the prices of these inputs.
the bargaining power of buyers
the bargaining power of suppliers
the threat of substitute products or services
the threat of new entrants

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!