Question: What factor is least likely to increase the bargaining power of suppliers? Few competitive products or substitutes are available. The supplier's product is not important
What factor is least likely to increase the bargaining power of suppliers?
Few competitive products or substitutes are available.
The supplier's product is not important as an input to the buyer's business.
Few alternative suppliers are available.
Selling into the industry is of little strategic importance to the supplier.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
