A Supplier's Bargaining Position Is Especially Strong When the Input

question 9

Multiple Choice

A supplier's bargaining position is especially strong when the input supplied

• A)has multiple sources and channels of distribution.
• B)has inexpensive and easily available substitutes.
• C)is the sole source of that input.
• D)is found freely and can be accessed by people with little effort.
• E)is not protected by any patent.

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Definitions:

Processing Methods

Various techniques or approaches used in the handling, preparation, or processing of materials or data.

Computerized Accounting System

An accounting information system that processes financial transactions and events as per GAAP (Generally Accepted Accounting Principles) using computer software.

Systems Design

The process of defining the architecture, components, interfaces, and data for a system to satisfy specified requirements.

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specific accounting period.