Socially and environmentally conscious suppliers are not likely to have greater bargaining power than those that are not, regardless of how differentiated their products are.

Question

Quizplus · Accepted Answer

Socially and environmentally conscious suppliers may have greater bargaining power than those that are not, as their products may have a unique selling point and a more loyal customer base that is willing to pay a premium price for sustainable and ethical products. Additionally, with increasing consumer awareness and demand for sustainable products, suppliers that can meet this demand may have a stronger bargaining position.

Socially and Environmentally Conscious Suppliers Are Not Likely to Have