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Company G manufactures weapons for governments. Currently, the bargaining power of buyers, the bargaining power of suppliers, and the threat of substitutes are low. In
Company G manufactures weapons for governments. Currently, the bargaining power of buyers, the bargaining power of suppliers, and the threat of substitutes are low. In addition, there are few rivals in this industry. What can be concluded based on this information? a. This firm is an example of near-perfect competition. b. In this scenario, suppliers are likely to create and sell effective substitutes. c. The company is likely to be very profitable as long as the threat to entry is low. d. The manufacturer is likely to see little profit until the power of buyers improves
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