According to Michael Porter, the suppliers in an industry enjoy bargaining power when ________.
A) there are many suppliers to choose from
B) their products or services are not differentiated
C) their products or services carry low switching costs
D) their businesses are not threatened by alternative products

Question

Quizplus · Accepted Answer

According to Michael Porter, suppliers in an industry enjoy bargaining power when their businesses are not threatened by alternative products. This means that if there are alternative products available that can replace the supplier's products or services, their bargaining power decreases. Therefore, D is the best choice. A, B, and C all indicate factors that reduce suppliers' bargaining power.

According to Michael Porter, the Suppliers in an Industry Enjoy