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NEW QUESTION: 1
Which of the following is not considered a factor that increases the bargaining power of the customer?
A. One group of customers makes up a large volume of the firm's business.
B. The firm is unable to change suppliers easily.
C. Buyers have low switching costs of changing products.
D. Much information is available to the customer to compare and contrast features of all products on the
market.
Answer: B
Explanation:
Choice "d" is correct. When a firm is unable to change suppliers easily, that is a factor that increases the
bargaining power of the suppliers.
Choices "a", "b", and "c" are incorrect because they all are factors that increase the bargaining power of
the customer, which are:
. Customers make up a large volume of a firm's business.
. There is much information available to customers.
. The buyers have low switching costs.
. There are a high number of alternate suppliers.
NEW QUESTION: 2
A. Option C
B. Option B
C. Option E
D. Option D
E. Option A
Answer: D
Explanation:
https://docs.oracle.com/cloud/latest/scmcs_gs/FAPIM/FAPIM1176849.htm#FAPIM1177670
NEW QUESTION: 3
A. Option B
B. Option C
C. Option A
D. Option D
Answer: B