Explain the market force of "bargaining power of suppliers," as detailed by Porter's Five Forces model, with
an example.
What will be an ideal response?
Powerful suppliers (such as companies with controlling interests in vital resources necessary for production) can
reduce profitability by charging more for their products and services. For example, 70 percent of the world's
low-cost lithium (required for lithium-ion batteries in -hybrid and electric automobiles) comes from a salt flat in
Chile's Atacama Desert, controlled by Soquimich, based in Santiago, Chile, and Rockwood Holdings, based in
Princeton, New Jersey. One means of countering supplier power is by locating substitutes for scarce supplies. For
example, Toyota is conducting research in magnesium-sulfate batteries as a replacement for lithium-ion
technology.
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Identify the source of conflict when the perception of who owns a particular sector differs from channel participants
A) goal divergence B) domain dissensus C) differing perceptions of reality D) misuse of power
Which of the following forms the base of Carroll’s global corporate social responsibility pyramid?
a. Philanthropic responsibility b. Economic responsibility c. Ethical responsibility d. Moral responsibility e. Legal responsibility
Management's Discussion and Analysis (MD&A) in The Comprehensive Annual Financial Report (CAFR) is part of the Financial Section.
Answer the following statement true (T) or false (F)
Retail stores are often classified on the breadth and depth of their merchandise assortment. The breadth of the merchandise is the number of different lines available. The merchandise breadth may be classified as ________ or ________.
A. shallow; broad B. narrow; broad C. shallow; deep D. narrow; full E. narrow; deep