Question

XYZ company has introduced a loyalty program so that it can reduce and increase sales . Select one : O a . Threat of new entrants b Production Cost c Bargaining power of suppliers O d . Bargaining power of buyers g

Answer 1

Answer:

A

Explanation:

If the company has introduced a loyalty program, customers are less likely to patronise other business. Thus, the threat of new entrants is reduced as firms would be less likely to enter into the industry knowing there is a high degree of customer loyalty to company XYZ