Suppliers Are Powerful When

question 114

Multiple Choice

Suppliers are powerful when:

• A) satisfactory substitutes are available.
• B) they sell a commodity product.
• C) they offer a credible threat of forward integration.
• D) they are in a highly fragmented industry.

---

Definitions:

Duty-Based Ethics

An ethical philosophy rooted in the idea that every person has certain duties to others, including both humans and the planet. Those duties may be derived from religious principles or from other philosophical reasoning.

Duties

Obligations or responsibilities imposed by law, contract, or societal norms.

Ethics

A branch of philosophy dealing with what is morally right or wrong, encompassing moral principles that govern an individual's behavior or conducting an activity.

Law

A set of guidelines established and implemented by societal or government bodies to control conduct.