Question: Question 7 ( 5 points ) In 2 0 0 5 , recognizing the importance of the price of flash memory to the profitability of

Question 7(5 points)
In 2005, recognizing the importance of the price of flash memory to the profitability of their iPod devices, Apple negotiated arrangements with Intel and Micron to purchase a substantial portion of the flash memory they manufactured. This put Apple in the position of being a in the flash memory industry.
powerful supplier
powerful buyer
potential new entrant
 Question 7(5 points) In 2005, recognizing the importance of the price

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