Why Are Suppliers in a Competitive Upstream Market Said to Have

question 1

Multiple Choice

Why are suppliers in a competitive upstream market said to have "indirect power"?

• A)They can sell their services to the lowest bidder
• B)They are always concentrated
• C)Their customers are always locked into relationships with them
• D)The price they charge never depends on supply and demand in the upstream market
• E)The can sell their services to the highest bidder

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Definitions:

Negative Attitude

A pervasive pattern of thinking or feeling about people, situations, or oneself in a pessimistic or detrimental manner, often leading to adverse outcomes or behaviors.

Work/Life

The balance or integration of work and personal life, focusing on managing career and personal or family needs effectively.

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Fight-Or-Flight Response

The body's automatic physiological reaction to a perceived threat, preparing an individual to either confront the situation or flee.