Which of the following factors increases the power of suppliers?
A) governmental regulations
B) high switching costs
C) low-scale operations
D) competitive pressures

Question

Quizplus · Accepted Answer

High switching costs make it difficult for buyers to switch to a different supplier, giving more power to the existing suppliers. Governmental regulations, low-scale operations, and competitive pressures generally decrease the power of suppliers.

Which of the Following Factors Increases the Power of Suppliers