Suppliers Can Gain Power from a Number of Sources in the Buyer

question 7

Multiple Choice

Suppliers can gain power from a number of sources in the buyer / supplier relationship. When a buyer has access to knowledge, information and skills desired by the supplier, this is called a(n) ________ source of power.

• A) expert
• B) reward
• C) referent
• D) coercive

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Definitions:

Democrats

Members of the Democratic Party, one of the two major contemporary political parties in the United States, traditionally supporting progressive and liberal policies.

Texas

A state located in the south-central part of the United States, known for its size, cultural history, and economic significance, as well as being the site of significant historical events.

Settlement of Mid-America

The historical process of populating and developing the central regions of the United States, involving migration, cultivation of land, and establishment of communities.

Discovery of Gold

The finding of gold deposits, often leading to gold rushes and mass migrations of people seeking wealth, significantly impacting local economies and societies.