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The Internet has enabled consumers to price shop several retailers in order to find the best price for items such as appliances, electronics, and even
The Internet has enabled consumers to "price shop" several retailers in order to find the best price for items such as appliances, electronics, and even cars. This has increased the consumer's ability to better negotiate favorable prices with retailers, demonstrating which of Porter's five competitive forces?
Multiple choice question.
Bargaining power of buyers
Threat of substitute products or services
Bargaining power of suppliers
Threat of new entrants
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