Question: Industry members encounter relatively weak supplier bargaining power when the item being supplied is a commodity that is readily available from many suppliers at the
Industry members encounter relatively weak supplier bargaining power when
the item being supplied is a commodity that is readily available from many suppliers at the going market
price.
suppliers provide an item that accounts for a small fraction of the costs of the industry's product.
the cost of switching from one supplier to another is high.
suppliers are not dependent on industry members for a significant portion of their revenues
certain suppliers provide a differentiated input that enhances the performance or quality of the industry's
product.
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