Brigson Manufacturing Group Works with Several Different Suppliers for Component

question 14

Multiple Choice

Brigson Manufacturing Group works with several different suppliers for component parts. One of the suppliers, Caster Corp. has achieved control over the entire supply chain because it tells Brigson when caster orders can be shipped and only ships them when Brigson orders at least ten pallets worth of product. In this situation, Caster Corp. demonstrates ________ in this supply chain.

• A)production
• B)persistence
• C)promotion
• D)power
• E)pressure

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Definitions:

Minimum Price

The lowest legally allowed price at which a good or service can be sold, often set to protect producers or promote fair trade.

Scenario 1-3

A hypothetical or real situation used to illustrate a particular case or outcome, typically numbered for organization.

Marginal Cost

Marginal cost is the change in total cost that arises when the quantity produced is incremented by one unit; it's the cost of producing one more unit of a good.