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:

Modeling

The process of learning behaviors by observing and imitating others, a key concept in social learning theory.

Dishabituation

The renewal of a response, previously habituated, due to the presentation of a novel stimulus.

Sensitization

The process of becoming more sensitive to a stimulus after exposure; it leads to an amplified response to a preexisting stimulus.

Habituation

The process by which an organism decreases or ceases its responses to a repetitive or prolonged stimulus, indicating a basic form of learning.