The Confectioners' intensity of rivalry among existing companies is high even though the industry has partially differentiated products. That is due to many equally balanced competitors, slow growth in the mature market, high storage and fixed costs, and high exit barriers. All of these factors cause price wars, advertising battles, the emergence of new product lines and higher quality of products in the Confectioners industry.
The Bargaining Power of Buyer: LOW to MEDIUM
Although there are several large-volume buyers, such as Wal-Mart, who could bargain to lower the prices, thus reducing the industry's profits, there are other factors that can limit the bargaining power of buyers.
Everything existing in the nature has its mass, whether it is a tree, a stone, water or any other matter. There is a great possibility that throughout your studies in the area of chemistry you will need to deal with different chemical problems that have to do with the calculation of molar mass. Handling this task is not easy, especially for beginners, so in order to be able to cope with it, you will need to learn a lot of things, practice a lot and so on. It is necessary because this knowledge will be useful for you in the future, since such skills as calculating the molar mass are basic skills, when it comes to chemistry. Having said that, apart from practical side concerning this issue, it is also important to have needed theoretical background, as long as everything starts with the theory.