Which of the Following Would Tend to Reduce the Bargaining

question 33

Multiple Choice

Which of the following would tend to reduce the bargaining power of suppliers?

• A)Dominance of the supplier industry by a few firms.
• B)Suppliers provide unique, differentiated products with few or no substitutes.
• C) Focal firm is not an important customer.
• D) Unwillingness and inability of suppliers to integrate forward.

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Definitions:

Breached

The act of failing to fulfill the terms of a contract, agreement, or duty.

Tortfeasor

A person who commits an intentional or through-negligence tort that causes a harm or loss for which a civil remedy may be sought.

Fraudulent Misrepresentation

A false statement of fact made by one party to another, with the intention of inducing the latter into entering a contract, resulting in harm or loss.

Relied Upon

Depended on or trusted, often in the context of information or services that are considered to be dependable.