Multiple choice

The supplier's bargaining power is high in which case?

  1. When suppliers are concentrated<o:p></o:p>

  2. When suppliers cannot integrate downstream<o:p></o:p>

  3. When supplier switching cost is low<o:p></o:p>

  4. When supplied product is not an important input<o:p></o:p>

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When suppliers are concentrated or organised they have a high bargaining power. Hence, this is the right answer.