Organizations Can Lock in Suppliers Either by Making It Difficult

question 35

Multiple Choice

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

• A) increasing the margin on their products
• B) reducing investments in their supply chain
• C) making it easy to work with the organization
• D) reducing the bargaining power of consumers
• E) increasing the complexity of their products

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Definitions:

Social Problems

Issues within a society that are viewed as undesirable, harmful, or disturbing to community members or the society at large.

Communities

Groups of people living together in a shared environment, sharing common interests, cultures, or identities.

Symbolic Interactionism

A sociological perspective that focuses on the ways that individuals interpret and give meaning to the world through their interactions with others.

Democratic Promise

The belief or hope that democratic governance will lead to fair representation, justice, and equality among a nation's citizens.