Supplier Power Is _____ When Buyers Have Few Choices to Buy

question 104

Short Answer

Supplier power is _____ when buyers have few choices to buy from.

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Definitions:

Pump Division

A specialized section within a company focusing on producing and managing pump-related products and services.

Transfer Price

The cost at which various units within the same corporation sell goods and services to each other.

Idle Capacity

The unused portion of a company's production capacity, where resources such as space, labor, or equipment are underutilized.

Contribution Margin

The amount of revenue remaining after deducting variable costs, contributing to covering fixed costs and profit.