Typically,as an individual,a customer has substantial bargaining power to a large manufacturing industry.

Question

Quizplus · Accepted Answer

Generally, individual customers have limited bargaining power against large manufacturing industries due to their vast resources and market power. The industry may have many customers, and the loss of one customer does not significantly impact them. Therefore, the industry is more likely to dictate the terms of the transaction to the individual customer.

Typically,as an Individual,a Customer Has Substantial Bargaining Power to a Large