Question

Karyn is thinking about switching where she purchases the cups for her hot beverages. Which of Porter’s competitive forces can she leverage?

A. rivalry among competitors
B. threats of new entrants
C. bargaining power of suppliers
D. bargaining power of buyers
E. threats of substitute products or services

Answer 1

C. Bargaining power of suppliers.

Explanation:Porter’s competitive forces is a concept in Economics which tends to give a description of the forces which influence the demand,supply,price, competence or Competitive advantage of a product or a Manufacturing or service providing Organisations.

Among the five Competitive force is the bargaining power of the supply which determines how well the supplier is able to supply the best products with reduced costs.

KARYN WILL LEVERAGE ON THE BARGAINING POWER OF THE SUPPLIER IN ORDER TO PURCHASE THE BEST CUPS WITH A GOOD AND REDUCED PRICE.