info 360:Homework: Chapter 3 Video: Organizational Strategy, Information
As David explains to Lauren, which of the following can force a business and its competitors to compete on price?
bargaining power of buyers
In this video dramatization, David diagrams Michael Porter's Five Forces Model. The force at the center of this model that is affected by the other forces is the _____.
intensity of rivalry within the industry
Based on the information provided in this video, Porter's Five Forces Model is useful to analyze a business and identify its
strategic position within its industry
According to David, Walmart negotiates with manufacturers and wholesalers to keep their profit margins low so that Walmart can offer lower prices to its customers. This is an example of _____.
strong bargaining power of buyers [Walmart is the buyer]
Walmart's decision to build fulfillment centers illustrates which force in Porter's Five Forces Model?
Threats of new entrants
