Sunday, February 14, 2016
Week 6 Reading Reflection
An aspect that left me surprised was that a supplier group is powerful if it is more concentrated than the industry it sells to. Questions I would ask the author are what would happen if a supplier only served 2 industries? Would it be much more dependent on its revenues?Additionally, I do not necessarily agree with the intensity of this authors’ idea of competition because there seems to be a lack of ethics involved— which I know SHOULD be taken into account. I did learn that eliminating rivals is a risky strategy and can backfire on you.
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Week 6
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