Ted Inc. traditionally provides subcontracting services to construction firms. There are many firms like Ted Inc. in the marketplace, but it does about 85 percent of the work for Will's Construction Corp. Will typically negotiates quite heavily, reducing Ted's profits. This situation is indicative of the high bargaining power of
A) customers.
B) suppliers.
C) substitute companies.
D) competitors.
E) complementary firms.
Correct Answer:
Verified
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