​Which of the Following Will Improve Your Bargaining Position with Customers

question 20

Multiple Choice

​Which of the following will improve your bargaining position with customers

• A)​The product your team produces has become more costly to produce
• B)New firms have entered the market with competing products for the ones your team produces
• C)Your competitors have developed new products that contain more of the features that your team produces
• D)​There are fewer close substitutes for the product your team supports

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Definitions:

Output Per Worker

A measure of productivity calculated by dividing total output by the number of workers.

Increasing Productivity

A process or strategy aimed at enhancing the efficiency of production, often resulting in higher output with the same or less input.

Human Resource Management Practices

The systematic management of people within an organization, including recruitment, selection, training, development, and compensation.

Organizational Size

A measurement reflecting the scale and scope of an organization, often considered in terms of employees, revenues, or physical footprint.