What Happens When There Are Only a Few Large Customers

question 18

Multiple Choice

What happens when there are only a few large customers in the market?

• A)They keep changing their tastes, fads, and fashions.
• B)They drive down the price of the output through bargaining.
• C)They tend to be referred to as "stuck in the middle."
• D)They start concentrating on a single industry.

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Definitions:

Dignity

The inherent worth and respect that every individual deserves, regardless of their status, achievements, or abilities.

Superordinate Quality

Attributes or characteristics that elevate or distinguish something as superior or of higher status compared to others in its category.

Rotary International

An international service organization whose stated purpose is to bring together business and professional leaders to provide humanitarian service and advance goodwill and peace.

Ethics At Work

refers to the moral principles and standards that guide behavior and decision-making in a workplace setting.