CIMA Exam CIMAPRA19-E03-1 Topic 7 Question 47 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam

Question #: 47
Topic #: 7

According to Porter's Five Forces model, which of the following would be evidence of high buyer power?

AThere is a low probability of backward integration.

BProducts are not standardized and buyers cannot easily switch to another product.

CBuyers are fragmented and act independently of each other.

DThere is a concentration of buyers.

Show Suggested Answer

Suggested Answer: C

by Jaclyn at May 07, 2022, 02:00 PM

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