If a supplier has high power what can it do to influence its industry? multiple choice shift costs to industry participants. limit quality or services. charge higher prices. all of these.

Question

abigailb7030 abigailb7030

25-08-2022
Business

contestada

If a supplier has high power what can it do to influence its industry? multiple choice shift costs to industry participants. limit quality or services. charge higher prices. all of these.

Respuesta :

Otras preguntas

The crural region refers to the

if an element has 5 electrons how many of them will be in the 2nd energy level

A factory produced 150 tons of steel in one year. the next year, the output increased to 180 tons. what is the percentage increase in the output?

what are three types of illuminated manuscripts?

Which element most clearly distinguishes an epic from other forms of poetry? describing heroic deeds in a grand style ridiculing a contemporary leader through

Which of the three branches of the united states is most powerful and why

Which choice shows the proper way to use a colon? the sleeping gypsy has the following subjects in it: the lion, the gypsy, and the moon. the subjects are the l

How many moles of oxygen are produced if 11.0 mol of al are produced

The city of urbanity was designed by city planners to appeal to families and industry. single-family housing will be limited. most families will live in either

The perimeter of a rectangle can be found using the formula P = 2l + 2w.

Tutorconsortium319 Tutorconsortium319 · Answer 1 · 2022-09-05T20:47:06+02:00

Since every choice is accurate, the best choice is option (d). If a supplier has sufficient sway, it can be able to increase prices, transfer costs to other market players, and restrict the quality of its goods or services.

What is the impact of supplier power on business?

The possibility for profit in a sector is diminished by the presence of strong suppliers. Threatening to increase prices or lower the quality of goods and services helps suppliers enhance competition. They therefore lower profitability in sectors where businesses are unable to pass on cost increases to consumers through higher prices.

How can supplier power be diminished?

Organizations can lessen the influence of suppliers by diversifying and distributing their purchasing. It makes it crystal apparent to your supplier that you have other options in the event of any outages or volatility.

Learn more about supplier power: https://brainly.com/question/15076622

#SPJ4