Supplier power is high when buyers have _________ choices from whom to buy and low when buyers have _________ choices.
A) few; few
B) few; many
C) many; few
D) many; many

Question

Quizplus · Accepted Answer

Supplier power is high when buyers have few choices from whom to buy, indicating limited alternatives and potentially higher dependency on those suppliers. It is low when buyers have many choices, suggesting a competitive market where suppliers have less leverage.

Supplier Power Is High When Buyers Have _________ Choices from Whom