Which of the following will most likely be characteristic of companies when the bargaining power of suppliers and buyers is high?

Question

Quizplus · Accepted Answer

When the bargaining power of suppliers and buyers is high, it often means that these groups can exert significant pressure on companies in terms of pricing and terms of business. This can make it harder for companies to be profitable as they may need to accept lower margins or face higher costs from suppliers. As a result, companies may need to find ways to cut costs or improve operational efficiency in order to maintain profitability.

Which of the Following Will Most Likely Be Characteristic of Companies