LNG is a large multinational appliance manufacturer. The company gets raw materials from many vendors. In this case, LNG is characterized by ________.
A) very low threat of substitute products
B) high bargaining power over its suppliers
C) very low threat of new entrants in the market
D) very high bargaining power over its customers
E) low bargaining power over its suppliers

Question

Quizplus · Accepted Answer

LNG, being a large multinational appliance manufacturer that sources raw materials from many vendors, likely has high bargaining power over its suppliers. This is because its size and purchasing volume give it leverage to negotiate better terms.

LNG Is a Large Multinational Appliance Manufacturer