Which competitive forces influence markets in our modern environment?
A.
Manufacturing of goods and services
B.
Production companies and relationships
C.
Increased cost in supply and deliveries
D.
Bargaining strength of suppliers and buyers
The Answer Is:
D
This question includes an explanation.
Explanation:
Detailed Explanation:The bargaining strength of suppliers and buyers is a key factor influencing market competitiveness, as outlined in frameworks like Porter’s Five Forces. These forces dictate pricing, supply availability, and value delivery. Reference: CIPS Level 4, Market Analysis and Competitive Forces.
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