_____ is high when customers have many choices and low when they have few choices.
A)Buyer power
B)Threat of new services
C)Rivalry among existing customers
D)Risk of substitute products

Question

Quizplus · Accepted Answer

Buyer power is high when customers have many choices among products or services, which gives them leverage to demand lower prices or higher quality, and it is low when they have fewer choices, reducing their negotiating power.

_____ Is High When Customers Have Many Choices and Low