According to Porter\'s five-force model, if suppliers of a particular good are v

Question

According to Porter's five-force model, if suppliers of a particular good are very abundant, ________.

their level of vertical integration in the industry will be high

their level of differentiation will be very high

their bargaining power will be less

their annual employee turnover rates will be less

their level of vertical integration in the industry will be high

their level of differentiation will be very high

their bargaining power will be less

their annual employee turnover rates will be less

Explanation / Answer

According to Porter's five-force model, if suppliers of a particular good are very abundant, ________.

Ans: their bargaining power will be less

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