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CIPS Exam L4M2 Topic 10 Question 55 Discussion

Actual exam question for CIPS's L4M2 exam
Question #: 55
Topic #: 10
[All L4M2 Questions]

Which competitive forces influence markets in our modern environment?

Show Suggested Answer Hide Answer
Suggested Answer: D

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.


Contribute your Thoughts:

Nelida
3 months ago
Manufacturing of goods and services also has a big impact on competitive forces in the market.
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Shawna
3 months ago
I think production companies and relationships are crucial in influencing markets as well.
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Leota
3 months ago
I agree with Yaeko, but I also believe that increased cost in supply and deliveries plays a significant role.
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Jeniffer
3 months ago
A) Manufacturing of goods and services? More like manufacturing consent, amirite? *wink wink*
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Dudley
3 months ago
B) Production companies and relationships? What is this, a sociology exam? Give me the good old Michael Porter any day!
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Cory
1 months ago
C) Increased cost in supply and deliveries
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Lilli
2 months ago
D) Bargaining strength of suppliers and buyers
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Vallie
2 months ago
A) Manufacturing of goods and services
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Yaeko
3 months ago
I think the bargaining strength of suppliers and buyers is a major competitive force.
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Lindsay
3 months ago
I don't know, I think C) Increased cost in supply and deliveries is a pretty important factor these days. All this inflation is really shaking up the markets.
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Alonso
3 months ago
Manufacturing of goods and services is another key aspect that influences competition in the market.
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Leandro
3 months ago
I think the bargaining strength of suppliers and buyers also plays a significant role in shaping market dynamics.
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Yoko
3 months ago
I agree, the increased cost in supply and deliveries is definitely a major factor affecting markets.
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Madelyn
3 months ago
D) Bargaining strength of suppliers and buyers is definitely the correct answer. That's the classic model of competitive forces in any market.
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Mammie
2 months ago
C) Increased cost in supply and deliveries can also impact the market.
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Aracelis
2 months ago
D) Bargaining strength of suppliers and buyers is crucial.
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Cordell
2 months ago
B) Production companies and relationships are important as well.
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Brent
3 months ago
A) Manufacturing of goods and services plays a role too.
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