Which of the Following Is the Best Example of the Bargaining

question 113

Multiple Choice

Which of the following is the best example of the bargaining power of suppliers?

• A) The customer's flexibility to switch suppliers at any time
• B) The ability of a dominant microprocessor manufacturer to set industry standards and charge premium prices
• C) The ability to negotiate better terms with a commodity producer after a competitive bidding process
• D) The ability of a customer to shop around for suppliers
• E) The inability for a customer to terminate a supply contract

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Definitions:

Telepathy

The supposed communication of thoughts or ideas by means other than the known senses.

Psychokinesis

The purported skill to shift items solely through mental concentration.

Parapsychologists

Scientists who study paranormal phenomena, including psychic abilities and experiences.

Clairvoyants

are individuals who claim to have the ability to gain information about an object, person, location, or physical event through extrasensory perception.