Question: please provide a clear answer. doesn't have to be long, rather complete Following the logic of Porter's Five Forces of Competition, discuss two cases (companies/industries)
please provide a clear answer. doesn't have to be long, rather complete
Following the logic of Porter's Five Forces of Competition, discuss two cases (companies/industries) in which buyer power has reduced industry profitability through driving down prices, demanding better quality or more service. In the answer, please name the two cases and describe the mechanisms through which buyers have exercised their bargaining power
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