MIS: Homework: Chapter 3 Video: Organizational Strategy, Information Systems, and Comparative Advantage (3:56 min)
As discussed in this video, tablet computers are sold by many retailers, both online and in brick-and-mortar stores, resulting in lower prices for consumers. Which of the five forces in Porter's model does this illustrate?
bargaining power of buyers
Based on the information in this video, which of the following describes the retail industry segment occupied by Amazon and Walmart?
high levels of rivalry
According to the information presented in this video, Porter's five forces model is used to evaluate an organization's ...
strategic position within its industry
According to the information presented in this video, Walmart's decision to sell both online and through brick-and-mortar stores illustrates its efforts to counter which force in Porter's model?
threat of substitutes
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 _____.
weak bargaining power of suppliers