Which of the Following Factors Does Not Affect Whether Buyer

question 7

Multiple Choice

Which of the following factors does not affect whether buyer bargaining power and seller-buyer collaboration are an important source of competitive pressure in an industry?

• A) Whether winning the business of certain customers, offer a seller important market exposure or prestige
• B) The extent and importance of collaborative partnerships and alliances between particular sellers and buyers
• C) Whether buyers pose a major threat to integrate backward into the product market of sellers
• D) Whether sellers' products are weakly differentiated, making it easy and inexpensive for buyers to switch to competing brands
• E) Whether buyers have a strong preference for products of superior quality or just average quality

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Definitions:

Choices

Decisions made by individuals or organizations among two or more alternatives.

Resources

The total means available for economic and political development, such as minerals, labor force, and financial wealth.

Depression

A harsh and long-lasting decline in economic operations, featuring a marked decrease in the GDP, rising unemployment figures, and continued decrease in prices.

Economy

The organized system of human activity involved in the production, consumption, exchange, and distribution of goods and services.