Question: Explain how the two industries are similar and different based on your porters five forces analysis. Porter s Five Forces New Industry and automotive manufacturing
Explain how the two industries are similar and different based on your porters five forces analysis. Porters Five Forces
New Industry and automotive manufacturing industry Bargaining Power of Buyers
Moderate, because some large and important suppliers having significant power, while smaller and newer suppliers may have less power.
Medium because customers may not have much authority to independently negotiate reduced pricing if there aren't many of them.
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