Business Studies · Porter's Five Forces
Company M sells its entire product line through only two major retail chains, each accounting for roughly half of its total sales volume. Under Porter's Five Forces framework, which competitive condition applies?
- 1Threat of new entrants is High
- 2Bargaining power of buyers is High✓
- 3Bargaining power of suppliers is High
- 4Bargaining power of buyers is Low
Correct answer
Bargaining power of buyers is High
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