A buyer can exert power over a supplier when the supplier's products are highly differentiated.

Name: A buyer can exert power over a supplier when the supplier's products are highly differentiated.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a supplier's products are highly differentiated, it typically gives the supplier more power over buyers because the products are unique and harder to find substitutes for, making it difficult for buyers to switch to alternatives.

A Buyer Can Exert Power Over a Supplier When the Supplier's