Your business manufactures motors. Based on prices and shipping, you only have one business as an option to buy bearings. This means there is high _________.
A) buyer power
B) supplier power
C) threat of new entrants
D) threat of substitutes

Question

Quizplus · Accepted Answer

Having only one option for purchasing bearings indicates a situation where the supplier has significant control over terms and prices, which is a clear example of high supplier power.

Your Business Manufactures Motors