An automobile manufacturer is dependent on a single supplier for tires. Based on this information, which statement best describes the situation faced by the manufacturer?
A) The barriers to market entry are low.
B) The buyer has greater bargaining power.
C) The threat of new entrants is high.
D) The supplier has significant bargaining power.
Correct Answer:
Verified
Q25: What is SWOT an acronym for?
A) strategy,
Q26: Which statement describes a first mover strategy
Q27: Which of the following is indicative of
Q28: In SWOT analysis, what are situations in
Q29: Which of the following best represents a
Q31: Which company has followed a second mover
Q32: What is the third step in the
Q33: How can a company modify a strategy
Q34: What characteristic would a less competitive market
Q35: What goal do all planning strategies have?
A)
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