Supplier Bargaining Power Is Weaker When

question 88

Multiple Choice

Supplier bargaining power is weaker when:

• A) good substitutes for supplier products/services exists.
• B) the cost of switching from one supplier to another is high.
• C) suppliers furnish a critical part or component.
• D) buying firms are looking for suppliers with good just-in-time supply capabilities.
• E) a few large suppliers are the primary sources of a particular item.

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Definitions:

Demand Characteristic

Features of an experimental setting that cause participants to guess the purpose of the study and change their behavior.

Experimenter Expectancy

The phenomenon where the biases and expectations of the experimenter unconsciously influence the participants of an experiment.

Filler Items

Items included in a questionnaire measure to help disguise the true purpose of the measure.

Automated Procedures

Tasks or operations conducted automatically through the use of technology, software, or machinery, often requiring minimal human intervention.