Competitive Pressures Stemming from Buyer Bargaining Power Tend to Be

question 6

Multiple Choice

Competitive pressures stemming from buyer bargaining power tend to be weaker when

• A) the number of buyers is small,such that each customer's business tends to be particularly important to a seller.
• B) buyer demand is growing slowly or maybe even declining.
• C) the costs incurred by buyers in switching to competing brands or to substitute products are relatively high.
• D) buyers are well informed about sellers' products,prices,and costs.
• E) the buyer group consists of a few large buyers,and the seller group consists of numerous small firms.

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Definitions:

Business Restructuring

A process undertaken by a company to modify its business model or organization in order to improve efficiency, reduce costs, or respond to changing market conditions.

Organizational Restructuring

The process of restructuring a company's legal, ownership, operational, or other aspects to enhance its profitability or to optimize its organization for current requirements.

Workforce Restructuring

The process of reorganizing the workforce to improve efficiency, productivity, or adapt to new business strategies or market demands.

Portfolio Restructuring

The process of realigning or rebalancing an investment portfolio to meet specific financial objectives or adapt to changes in the market.