A manufacturer has a very successful product but there is only one company in the world that produces one of the key components/ingredients.Under these circumstances,________ power is very strong.
A)rivalry among existing competitors
B)threat of potential entry
C)supplier
D)buyer
E)substitute

Question

Quizplus · Accepted Answer

The supplier power is very strong because there is only one company that produces a key component, giving that supplier significant control over pricing and terms.

A Manufacturer Has a Very Successful Product but There Is