A buyer group's power is directly impacted by its prestige and the size of its orders.

Question

Quizplus · Accepted Answer

A buyer group's power is determined by several factors, including its size, prestige, and the significance of its orders. The larger the group and the more important its orders, the greater its power will be. Similarly, the more prestigious the group, the more influence it will have over suppliers. Therefore, the statement above is true.

A Buyer Group's Power Is Directly Impacted by Its Prestige