Which One of the Following Is Not a Factor That

question 21

Multiple Choice

Which one of the following is not a factor that affects the strength of supplier bargaining power?

• A) whether needed inputs are in short or ample supply
• B) whether industry members are a strong threat to integrate backward into the business of suppliers
• C) whether industry members are struggling to make good profits because of slow-growing market demand
• D) whether the costs of industry members to switch their purchases to alternative suppliers or substitutes are high or low
• E) whether the item being supplied is a commodity that is readily available from many suppliers

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Definitions:

Quantitatively

In a manner that can be measured or expressed in numbers.

Dan Sullivan

The name of an individual, which without further context, cannot be uniquely defined. In business, Dan Sullivan could refer to a strategic coach or business advisor among others.

Entrepreneurs

Individuals who identify a business opportunity and take the risk of creating and managing a new enterprise to capitalize on it.

Goals

Objectives or desired outcomes that an individual, group, or organization aims to achieve over a certain period of time.