In which of the following circumstances are competitive pressures associated with the bargaining power of buyers relatively moderate to weak?Multiple ChoiceThe supply of soccer balls increases during the World Cup season.Consumers can easily compare different smartphones' features over the Internet before buying them.Dairy products are usually standardized and therefore differentiated only by price.Apple designs and manufactures its chip processors rather than buying them from Intel.Buyers tend to delay purchases of luxury goods, such as home entertainment systems, until they are on sale.

Buyer bargaining power is moderate-to-weak in which of the following scenarios?Multiple ChoiceApple designs and manufactures its own microprocessors for mobile devices rather than buying them from Intel or Qualcomm.Yogurt and products made from yogurt are highly differentiated by origin and by price.Buyers tend to delay purchases of luxury goods, such as OLED and 4K television sets, until they are on sale.Consumers can easily compare different fitness clubs and gyms over the Internet before signing up for memberships.The supply of soccer balls increases during the World Cup season.

Buyer bargaining power is strong whenMultiple choice question.demand is weak.buyers make purchases in small quantities.buyers place high importance on brand reputation.the cost of switching to a competing brand is high.

Which of the following is NOT a factor that causes buyer bargaining power to be stronger?Question 3AnswerA.Some buyers are a threat to integrate backward into the business of sellers and become an important competitor.B.Buyers are small and numerous relative to sellers.C.Buyers have considerable discretion over whether and when they purchase the product.D.Buyers purchase the item frequently and are well-informed about sellers' products, prices, and costs.E.The costs incurred by buyers in switching to competing brands or to substitute products are relatively low.

In a competitive market,a.only a few sellers sell the same product.b.if one buyer chooses to purchase a large quantity of the product, the price will rise.c.if one seller withholds his product from the market, prices will rise.d.each seller has limited control over the price of his product.

The rivalry among competing sellers tends to be less intense when Question 10AnswerA.industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit sales.B.buyer demand is weak and many sellers have excess capacity and/or inventory.C.industry rivals are not particularly aggressive or active in making fresh moves to improve their market standing and business performance.D.rivals have diverse strategies and objectives and are located in different countries.E.rival sellers have weakly differentiated products.