The Strength of Bargaining Power Depends on the Availability of Substitutes

question 87

Multiple Choice

The strength of bargaining power depends on the availability of substitutes and ________ compared to the size of suppliers or customers.

• A)the amount of profit made annually
• B)the size of the employee union
• C)the production capacity
• D)the relative size of the firm

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Definitions:

Proactive Personality

The disposition that identifies whether or not individuals act to influence their environments.

Career Success

Achieving desired job achievements, which may include promotions, high-level recognition, and personal fulfillment in one's career.

Job Performance

The measure of an employee's effectiveness and efficiency in fulfilling their assigned tasks and responsibilities.

Cognitive-Type

Cognitive-Type refers to classifications or categories based on cognitive processes such as perception, thinking, and understanding.