Ifsm 300 ugmc - Study guides, Class notes & Summaries
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IFSM 300 Information Systems in Organizations (UMGC) Final exam 2024
- Exam (elaborations) • 26 pages • 2023
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IFSM 300 Information Systems in 
Organizations (UMGC) Final exam 2024 
Which of the following is defined as the ability of customers to drive 
down the price of goods and services? 
A. Supplier power 
B. Buyer power or the bargaining power of customers 
C. Rivalry among competitors 
D. Threat of price reduction 
Correct Answer: B 
Are there any direct variables that have no effect on a business' 
competitive position? 
A. yes 
B. no 
Correct Answer: no
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