In Which of the Following Situations Would the Bargaining Power

question 16

Multiple Choice

In which of the following situations would the bargaining power of suppliers be highest?

• A) a single vendor providing raw materials to many department stores
• B) a fashion outlet catering to a niche market
• C) a bank liquidating during a fire sale
• D) a large retailer buying goods from many small suppliers

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Definitions:

Disinhibition

The reduction or removal of inhibition, resulting in an increase in previously suppressed behaviors or actions.

Sensitization

An increased response to a stimulus following repeated exposure, usually associated with adverse or noxious stimuli.

Habituation

A learning process where an organism reduces its responsiveness to a non-threatening stimulus over time through repeated encounters.

Stimuli

External or internal events that elicit a response from an organism.