Buyers Are Powerful When

question 30

Multiple Choice

Buyers are powerful when:

• A) there is a threat of forward integration.
• B) they purchase a small proportion of the supplier's output.
• C) switching costs are low.
• D) the buyers' industry is fragmented.

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Definitions:

Preschool Age

The period in a child's life before they are old enough to attend kindergarten, typically ages 3 to 5, focusing on early childhood development.

Integrated Person

A description of an individual who has successfully combined all aspects of their personality and experiences into a cohesive and balanced whole.

Varied Aspects

Different elements or facets of a subject or field, highlighting the complexity and multitude of perspectives.

Negative Sides

The drawbacks or disadvantages associated with a particular situation, decision, or action.