An independent can increase its bargaining power with a supplier by ________.

Question

Quizplus · Accepted Answer

Joining a buying group with other independents can increase the collective bargaining power and allow for greater purchasing power and negotiation leverage with suppliers. Option A may not be feasible for an independent as it may not have the storage capacity or cash flow to purchase substantially larger quantities. Option B is a common practice but may not significantly increase bargaining power. Option D may provide cost savings, but may not directly increase bargaining power with suppliers.

An Independent Can Increase Its Bargaining Power with a Supplier