The greater the leverage suppliers of key raw materials or components have, the less attractive is the industry.

Name: The greater the leverage suppliers of key raw materials or components have, the less attractive is the industry.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

If a supplier has a lot of leverage, they can increase their prices, making it more expensive for companies in the industry to produce their goods. This can lead to decreased profits and competitiveness, making the industry less attractive overall.

The Greater the Leverage Suppliers of Key Raw Materials or Components