The Market Power of the Input Suppliers - Suppliers (the behemoths) have a strong competitive force - Their MFs lead the industry in performance which allows them to command higher price premiums 5. ... The Market Power of the Input Suppliers - Consumers view Input Suppliers' power overall as weak because substitute inputs are available and switching costs are low 5. ...

• Word Count: 504
• Approx Pages: 2
• Grade Level: High School

Smith believes that if people are allowed to pursue their own interest uninterrupted, the greatest good will be produced. ... The new world market promotes the features of and allows for the advancement of capitalism in the world today. ... This allows for the advancement of capitalism into the world. ... This particular case is especially familiar to my family's business as a supplier to the apparel industry. ...

• Word Count: 1065
• Approx Pages: 4
• Grade Level: High School