Which of the Following Is Not Descriptive of a High

question 50

Multiple Choice

Which of the following is not descriptive of a high level of bargaining powers of buyers?

• A) Changing suppliers costs very little.
• B) Alternative suppliers are plentiful because of standardization of the product.
• C) The purchased product represents a high percentage of buyer's costs.
• D) The buyer buys a large proportion of the seller's product or service.
• E) A buyer earns high profits and is very insensitive to costs and service differences.

---

Definitions:

Hypochondria

An excessive preoccupation with the fear of having a serious illness, despite medical reassurance to the contrary.

Claustrophobia

An anxiety disorder characterized by an irrational fear of being in enclosed or narrow spaces.

Enclosed Places

Spaces that are fully or partially surrounded by walls and a ceiling, often creating a separate and distinct environment from the outside.

Brontophobia

An irrational fear of thunder and lightning.