In which of the following situations is the bargaining power of suppliers especially strong?
A) Products are highly specialized.
B) Suppliers rely on single customers.
C) Customers have low switching costs.
D) Affordable, substitute products exist.

Question

Quizplus · Accepted Answer

Suppliers have stronger bargaining power when their products are highly specialized and not easily available from other sources. This gives them the ability to command higher prices and negotiate better terms.

In Which of the Following Situations Is the Bargaining Power