Which of the Following Is a Source of Bargaining Power

question 52

Multiple Choice

Which of the following is a source of bargaining power of buyers?

• A) Greater choice of products
• B) High switching costs
• C) Loyalty programs
• D) Network effects
• E) Unique and highly differentiated products

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Definitions:

External Job Recruitment

The process of filling job vacancies within an organization by hiring individuals from outside the organization.

Relevant Labor Market

The area or domain within which companies seek employees who have the skills they require.

Availability Analysis

An assessment to determine the availability of qualified individuals both within and outside the organization who could fill job openings.

Affirmative Action Plan

A strategy or program implemented by organizations to promote diversity and inclusion by increasing opportunities for historically underrepresented groups.