What is one of the most common ways a company can decrease supplier power?
A) Charge lower prices.
B) Charge higher prices.
C) Use MIS to find and create alternative products.
D) Companies cannot impact supplier power.

Question

Quizplus · Accepted Answer

Using Management Information Systems (MIS) to find and create alternative products can decrease supplier power by increasing the number of available alternatives, thereby reducing dependency on any single supplier.

What Is One of the Most Common Ways a Company