Question: There are several highly profitable multinational corporations that have dominated their respective industries: Coca - Cola worldwide name recognition Intel ability to spending billions of
There are several highly profitable multinational corporations that have dominated their respective industries:
CocaCola worldwide name recognition
Intel ability to spending billions of dollars each year on chip fabrication facilities and research
Oracle its relational database software has a captive audience, because to switch to a competitors software is prohibitively expensive
The success of these companies can be attributable to which of the following competitive advantages?
Group of answer choices
Bargaining power of buyers
Threat of substitute products
Bargaining power of suppliers
Threat of new entrantshigh barriers to entry
Rivalry between existing competitorsprice and nonprice competition
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