A Supplier's Bargaining Position Is Strong When

question 88

Multiple Choice

A supplier's bargaining position is strong when:

• A) the input is vital to the organization.
• B) there are a large number of suppliers as the source of an input.
• C) the supply is free.
• D) the supply is not protected by a patent.
• E) alternate resources can be substituted for their specific supply.

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Definitions:

OB Experts

Specialists in Organizational Behavior who study and apply knowledge about how people, individuals, and groups act in organizations.

Structural Capital

The non-human storehouses of knowledge within an organization, including its databases, processes, patents, and trademarks, that contribute to its overall value.

Organization's Systems

Refers to the complex set of procedures, practices, and technologies that an organization uses to achieve its goals and fulfill its mission.

Values

Fundamental beliefs or standards that guide behavior and decision-making, reflecting what individuals or societies hold as important.