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Essay

China- Poeter

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Tanya H

 

Date added:

June 8, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 574

 

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10241 times

 

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Essay content:

In addition to that, these restaurants have such different target customers that the fluctuation of price for one restaurant is not going to affect the others. For example, a full meal at KFC range about ?15, whereas a full meal at Pizza Hut can cost over ?50. The drastic difference in price assures no price competition between these restaurants Buyer/Supplier Bargaining Power The customers of KFC, especially as individual buyers, have almost no bargaining power because if only one customer threatens to no longer eat at KFC, the store is not going to lower its price because the cost of losing one customer is not very great...
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For example, a full meal at KFC range about ?15, whereas a full meal at Pizza Hut can cost over ?50. The drastic difference in price assures no price competition between these restaurants Buyer/Supplier Bargaining Power The customers of KFC, especially as individual buyers, have almost no bargaining power because if only one customer threatens to no longer eat at KFC, the store is not going to lower its price because the cost of losing one customer is not very great...
displayed 300 characters

General issues of this essay:
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