Suppliers Are More Likely to Be Powerful Relative to the Firms

question 70

Multiple Choice

Suppliers are more likely to be powerful relative to the firms to which they sell their goods and services if:

• A) differentiation among existing suppliers is high.
• B) the suppliers' industry is highly fragmented.
• C) existing suppliers lack economies of scale.
• D) the suppliers' industry is dominated by a few companies.
• E) cost advantages independent of size are negligible.

---

Definitions:

Adrenal Cortex

The outer part of the adrenal gland that produces steroid hormones which regulate metabolism and immunity, among other functions.

Glucocorticoids

A class of steroid hormones that play a critical role in regulating metabolism, inflammation, and immune responses in the body.

Glycogen Cascade

A biochemical process involving the breakdown of glycogen into glucose to provide energy for cellular processes.

General Adaptation Syndrome

a theory proposed by Hans Selye that describes the body's short-term and long-term reactions to stress, consisting of three stages: alarm, resistance, and exhaustion.