The Bargaining Power of a Customer Is Weak If ________

question 40

Multiple Choice

The bargaining power of a customer is weak if ________.

• A)the availability of a rival product is limited
• B)the cost of switching to a substitute is low
• C)competitors offer products with same benefits at lower prices
• D)new entrants are offering a product that uses more recent technology

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Definitions:

Social Media

Digital platforms and technologies that facilitate the creation, sharing, and exchange of information, ideas, interests, and other forms of expression via virtual communities and networks.

Conversation

The informal exchange of ideas, information, and feelings between two or more people through spoken words.

Traditional Writing Conventions

Established rules and norms governing the structure, grammar, and style of formal writing.

Volumes of Content

The amount or quantity of written or recorded material available on a particular subject.