Ted Inc. traditionally provides sub-contracting services to construction firms. There are many firms like Ted Inc. in the marketplace but it does about 85% of the work for Will's Construction. 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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