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CIMAPRA19-E03-1 Exam - Topic 7 Question 47 Discussion

According to Porter's Five Forces model, which of the following would be evidence of high buyer power?
C) Buyers are fragmented and act independently of each other.
A) There is a low probability of backward integration.
B) Products are not standardized and buyers cannot easily switch to another product.
D) There is a concentration of buyers.

CIMAPRA19-E03-1 Exam - Topic 7 Question 47 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 47
Topic #: 7
[All CIMAPRA19-E03-1 Questions]

According to Porter's Five Forces model, which of the following would be evidence of high buyer power?

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Suggested Answer: C

by Jaclyn at May 07, 2022, 02:00 PM

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Hyman
10 months ago
Totally agree with D, more buyers means more influence!
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Leoma
10 months ago
Wait, how does a concentration of buyers equal high power? Seems off.
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Quiana
11 months ago
I think option B is also a strong contender.
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Raymon
11 months ago
Definitely, option D makes the most sense here!
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Walker
11 months ago
High buyer power means they can demand better prices.
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Benedict
11 months ago
This question seems straightforward, but I want to make sure I understand the key terms like "value delivery" and "enterprise strategy" before answering.
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Beckie
11 months ago
I think I remember something about backup file strategies, but I'm not completely sure if it's one set on-site or two.
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Jerlene
11 months ago
Hmm, these probabilities look tricky. I'll need to be careful tracking each scenario's deviation carefully.
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Bonita
11 months ago
I'm not entirely sure, but I think DLP and CASB are more related to cloud access management, so I'll go with option B.
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