Professor Godiwalla Midterm Exam March 19, 2015 Exam 1 Question 1: Figures 3.3, 3.7, 3.8 illustrate the five forces model of competition, and then specifically focus in on the power of suppliers and buyers (fig 3.7/ 3.8). Applying the diagrams, the following paragraphs will look to evolve these three figures into real examples from a current organization currently utilizing these models. In the first figure, Figure 3.3, shows an over-view of the basic five forces of competition- suppliers,…
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