Organizations Can Lock in Suppliers by Making It Difficult to Switch

question 94

Multiple Choice

Organizations can lock in suppliers 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:

Defendant

The person against whom a lawsuit is brought and from whom recovery is sought.

Certificate

A document officially recognizing a certain fact, achievement, or qualification.

Sued

The act of bringing a lawsuit against a person or entity in a court of law.

Sole Proprietorship

A type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity.