Which of the Following Is Not Descriptive of a High

question 80

Multiple Choice

Which of the following is not descriptive of a high level of bargaining power of suppliers?

• A) Substitutes are readily available.
• B) The product or service is unique.
• C) The supplier industry is dominated by a few companies, but sells too many.
• D) The purchasing industry buys only a small portion of the supplier group's goods and services.
• E) Suppliers are able to integrate forward and compete directly with their present customers.

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Definitions:

Mammoth Ivory

Ivory derived from the tusks of mammoths, used historically for art, tools, and decoration during prehistoric times.

Pebbles

Small, smooth, rounded stones that are often found on beaches and at the bottoms of rivers.

Ground Line

In paintings and reliefs, a painted or carved baseline on which figures appear to stand.

Engraved Line

A technique in printmaking and drawing where lines are incised onto a surface with a sharp tool, often used for detail and texture.