The Bargaining Power of Suppliers Increases Under All of the Following

question 2

Multiple Choice

The bargaining power of suppliers increases under all of the following conditions except:

• A)if the cost of switching suppliers is high
• B)if prices of substitutes are high
• C)if suppliers can realistically threaten backward integration
• D)if the supplier's product is a large part of the buyer's value added

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Definitions:

Positively

In a manner that is optimistic, constructive, or beneficial, often associated with affirmative actions and outcomes.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well, often linked to reliability and self-discipline.

Extroversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.