Title: 5 Forces

Essay Details

Subject: Business
Author: Michael M
Date: August 28, 2013
Level: University
Grade: A
Length: 1 / 288
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

Suppliers would prefer to sell to you at the highest price possible or provide you with no more services than necessary. If the force is weak, then you may be able to negotiate a favorable business deal for yourself. Conversely, if the force is strong, then you are in a weak position and may have to pay a higher price or accept a lower level of quality or service...

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For instance, if you are making computers and need microprocessors, you will have little or no bargaining power with Intel, the world’s dominant supplier. • The inputs you require are unique, making it costly to switch suppliers. If you use a certain enzyme in a food manufacturing process, changing to another supplier may require you to change your entire manufacturing process...

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