Which of the following statements describes a scenario in which the bargaining power of a supplier is strong?
A) Competitors have decreased demand for raw materials.
B) The availability of raw materials is limited.
C) The supplier has excess inventory.
D) There are many suppliers providing the same raw materials for comparable prices.

Question

Quizplus · Accepted Answer

When the availability of raw materials is limited, the supplier has a stronger bargaining power as the buyer is more dependent on them and may have fewer alternative options.

Which of the Following Statements Describes a Scenario in Which