Homespar is an e-commerce site that sells home décor and kitchenware. It sources all its wooden articles, such as coasters, serving trays, and photo frames, from a rural carpentry firm because the firm charges much lower prices than other carpentry firms. The firm is also reliable in terms of quality and delivery time. In the context of the specific environment, which of the following concepts does this scenario best illustrate?
A) Path dependence
B) Supplier dependence
C) Buyer dependence
D) Internal dependence

Question

Quizplus · Accepted Answer

This scenario best illustrates supplier dependence, as Homespar relies on a specific carpentry firm for its wooden articles due to their lower prices, reliability, quality, and delivery time. The firm is a key supplier for Homespar, and its pricing and delivery decisions can have a significant impact on the e-commerce site's operations and profitability.

Homespar Is an E-Commerce Site That Sells Home Décor and Kitchenware