Supplier Power Has Increased Because of the Internet for All

question 100

Multiple Choice

Supplier power has increased because of the Internet for all the following reasons except

• A) the growth of new web-based businesses has created more outlets for suppliers to sell to.
• B) software that links buyers to a supplier's website has created rapid, low-cost order capabilities.
• C) the process of disintermediation makes it possible for some suppliers to reach end users directly.
• D) some suppliers have created web-based purchasing systems that encourage switching.

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Definitions:

Angel Investors

Affluent individuals who provide capital for a business start-up, usually in exchange for convertible debt or ownership equity.

Crowdfunding

Gathering small sums of money from many people to finance a project or endeavor, commonly done online.

Bootstrapping

A method where entrepreneurs start their company with minimal capital, relying on personal finances and revenue from the business rather than seeking external investment.

Formal Fundraising

involves organized efforts to gather financial contributions from individuals, organizations, or governments, typically for nonprofit organizations or specific causes.