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Essay

5 Forces

Essay specific features

 

Issue:

Business

 

Written by:

Sara K

 

Date added:

February 26, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 288

 

Was viewed:

4201 times

 

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Essay content:

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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