Ice-Fili forces

No suppliers 1 most of the inputs provided to my firm

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No SUPPLIERS 1. Most of the inputs provided to my firm are standard, undifferentiated items which vary only on price and location of the supplier (True or False) T _x __ F ____ 2. If False, then how many suppliers exist that provide unique raw materials or components that other suppliers are unable to provide? 3. If False, then what percentage of the inputs required by your firm can be characterized as unique or difficult to procure from others? 4. Answer the following (True or False) a) My firm’s inputs (materials, labor, supplies, services, etc.) are standard rather than unique or differentiated. T ____ F ____ b) I can switch between suppliers quickly and cheaply. T ____ F _ x _ c) My suppliers would find it difficult to enter my business or my customers would find it difficult to produce what I make by themselves. T ____ F ____ depends d) I can substitute inputs readily. T _x __ F ____ e) I have many potential suppliers. T ____ F __x __ f) My business is important to my suppliers. T ____ F ____ g) My cost of purchases has a significant influence on my overall costs. T ____ F ____ 3
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SUBSTITUTES 1. If buyers do not wish to purchase from our industry, can they can purchase similar products and/or services from the following industries (If yes, then please list. If no, indicate as such) Beer, chocolate, soda – ice cream must be more price- conscious 2. While such industries exist the buyers will have to incur substantial costs in doing so. T ____ F ____ 3. The buyers in this industry do not really care to look for substitute industries in which to participate T ____ F ____ 4
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No SUPPLIERS 1 Most of the inputs provided to my firm are...

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