Blood banks are highly dependent on donors. In the terminology of industry analysis, which statement of donors is accurate?
A) Blood donors are suppliers and are powerful due to the critical nature of what they provide to the blood bank.
B) Blood donors are suppliers and are powerful due to their concentration relative to the blood bank.
C) Blood donors are buyers and are not due to low switching costs needed to change to alternative inputs.
D) Blood donors are buyers and are powerful due to the volume of blood needed.
Correct Answer:
Verified
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