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CIPS Exam L4M2 Topic 10 Question 55 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 55
Topic #: 10
[All L4M2 Questions]

Which competitive forces influence markets in our modern environment?

Show Suggested Answer Hide Answer
Suggested Answer: D

The bargaining strength of suppliers and buyers is a key factor influencing market competitiveness, as outlined in frameworks like Porter's Five Forces. These forces dictate pricing, supply availability, and value delivery. Reference: CIPS Level 4, Market Analysis and Competitive Forces.


Contribute your Thoughts:

Nelida
6 days ago
Manufacturing of goods and services also has a big impact on competitive forces in the market.
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Shawna
11 days ago
I think production companies and relationships are crucial in influencing markets as well.
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Leota
12 days ago
I agree with Yaeko, but I also believe that increased cost in supply and deliveries plays a significant role.
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Jeniffer
13 days ago
A) Manufacturing of goods and services? More like manufacturing consent, amirite? *wink wink*
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Dudley
15 days ago
B) Production companies and relationships? What is this, a sociology exam? Give me the good old Michael Porter any day!
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Yaeko
20 days ago
I think the bargaining strength of suppliers and buyers is a major competitive force.
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Lindsay
20 days ago
I don't know, I think C) Increased cost in supply and deliveries is a pretty important factor these days. All this inflation is really shaking up the markets.
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Alonso
5 days ago
Manufacturing of goods and services is another key aspect that influences competition in the market.
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Leandro
6 days ago
I think the bargaining strength of suppliers and buyers also plays a significant role in shaping market dynamics.
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Yoko
7 days ago
I agree, the increased cost in supply and deliveries is definitely a major factor affecting markets.
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Madelyn
27 days ago
D) Bargaining strength of suppliers and buyers is definitely the correct answer. That's the classic model of competitive forces in any market.
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Aracelis
1 days ago
D) Bargaining strength of suppliers and buyers is crucial.
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Cordell
3 days ago
B) Production companies and relationships are important as well.
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Brent
12 days ago
A) Manufacturing of goods and services plays a role too.
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