Which of the following is a source of bargaining power of buyers?
A) Greater choice of products
B) High switching costs
C) Loyalty programs
D) Network effects
E) Differentiated products

Name: Which of the following is a source of bargaining power of buyers? A) Greater choice of products B) High switching costs C) Loyalty programs D) Network effects E) Differentiated products
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Greater choice of products gives buyers the power to easily switch suppliers or negotiate for better prices and terms.

Which of the Following Is a Source of Bargaining Power