Organizations Can Lock in Suppliers Either by Making It Difficult

question 68

Multiple Choice

Organizations can lock in suppliers either by making it difficult to switch to another organization or by ________.

• A) making it easy for the customers to switch products
• B) reducing investments in their supply chain
• C) making it easy to work with the organization
• D) reducing the bargaining power of consumers

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Definitions:

Ethnography

A qualitative research method that involves observing and studying a culture or community from an insider perspective.

Phenomenology

A philosophical approach that emphasizes the study of conscious experience from the first-person point of view.

Scientific Hypothesis

A proposed explanation for a phenomenon, which can be tested through experimentation and observation.

Empirically Tested

The process of verifying theories or hypotheses through direct observation and experiment, grounded in factual evidence and scientific method.