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consider when conducting an industry analysis. Choose three that you think are the most important of all questions provided. Discuss why those three items are
consider when conducting an industry analysis. Choose three that you think are the most important of all questions provided. Discuss why those three items are important when conducting an industry analysis. The bargaining power of buyers focuses on the ability of buyers to negotiate from a position of strength, thereby reducing industry profits. Questions to ask here include the following:Are buyers highly concentrated or diffuse?Do purchasers buy in large quantities?Are substitute products available?How costly is it for buyers to switch?
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