Which of the Following Statements Describes Suppliers in a Position

question 21

Multiple Choice

Which of the following statements describes suppliers in a position of strong bargaining power?

• A) coffee planters during a season of frost that decreases production
• B) companies negotiating supplier contracts after taxes on raw materials have been reduced
• C) providers of logistic support when fuel prices have been reduced
• D) wholesalers declaring end-of-season sales

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Definitions:

Provides Jobs

The creation or provision of employment opportunities for individuals within a community or economy.

Strong Incentives

Powerful motivators or rewards designed to influence the actions and behaviors of individuals or organizations towards specific outcomes.

Redesign Products

The process of revising and improving existing products to meet new standards, enhance functionality, or reduce environmental impacts.

Safer Recycling

Practices and processes aimed at reducing the risks and environmental impact of recycling activities.