Question

The bargaining power of the supplier is less than that of the buyer when a)volume of purchase is low. b)the buyer's profit margin is low. c)cost savings from the supplier's product are minimal. d)threat of backward integration by buyers is low. 1. only a 2. only b 3. only c 4. only d

Answer 1

3 only c I think It would be a good answer

Answer 2

The bargaining power of the supplier is less than that of the buyer when-

a)volume of purchase is low

Bargaining power means the negotiation power of each party and still get the deal even after the negotiation. This bargaining or negotiation can depend on multiple factors. This act can lead to multiple circumstances as well.

Some of the factors on which bargaining is dependent are-

• Price.
• Quality.
• Quantity.
• Convenience, etc.

Usually, in the process of bargaining, one among the two parties is weak and the other is strong and has more power. In such a situation, it is expected that the weak party will agree to the strong party's conditions or terms.

#SPJ3