The Bargaining Power of Suppliers and Customers Will Impact the Profitability

question 48

Multiple Choice

The bargaining power of suppliers and customers will impact the profitability of the industry because:

• A)powerful suppliers can exert pressure to raise prices.
• B)powerful customers can exert pressure by forcing down prices.
• C)powerful customers can exert pressure by demanding higher quality.
• D)All of the above.

Know the central city-states that contributed to the artistic developments of the High Renaissance.

Associate major High Renaissance works with their respective artists.

Understand the significance of architectural commissions in reinforcing the power and piety of patrons.

Identify the inspirations behind Renaissance artworks and their connections to earlier traditions or themes.

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Definitions:

Ethical Responsibility

The duty to act in a morally sound way, considering the consequences of one's actions on others.

Voluntary Dimension

An aspect or attribute that is chosen freely or without compulsion, often relating to decisions or actions.