In Porter's Five Forces, supplier power is high if: Please select all that apply.
A) The supplier technology is difficult for the buying firm to understand
B) There are many suppliers to chose from
C) Switching costs are low
D) There are few suppliers to chose from

Question

Quizplus · Accepted Answer

Supplier power is high when the supplier technology is difficult for the buying firm to understand (A), making it hard to switch suppliers, and when there are few suppliers to choose from (D), limiting the buyer's options.

In Porter's Five Forces, Supplier Power Is High If: Please