According to Porter's five forces model, in which of the following situations would the supplier have the highest bargaining power?
A)a dealer of a patented material for smartphone manufacturers
B)a fashion designer catering to a niche market
C)a restaurant owner who serves only army veterans
D)a retailer who buys finished goods from many small suppliers

Question

Quizplus · Accepted Answer

The supplier of a patented material for smartphone manufacturers would have the highest bargaining power because they have a unique product that is essential for the production of smartphones. The smartphone manufacturers would have few alternatives and would be heavily dependent on this specific supplier.

According to Porter's Five Forces Model, in Which of the Following