A supplier's bargaining position is especially strong when: A. many sources of the supply exist. B. other materials can be substituted for their specific supply. C. the supply is vital to the organization. D. the supply is free. E. the supply is not protected by patent.

Question

Amanda Benjamin

Business

9 June, 03:24

A supplier's bargaining position is especially strong when: A. many sources of the supply exist. B. other materials can be substituted for their specific supply. C. the supply is vital to the organization. D. the supply is free. E. the supply is not protected by patent.

+5

Answers (1)

Know the Answer?

Short Shorts · Answer 1

C. the supply is vital to the organization.

Explanation:

Bargaining is the act of exchanging, whether fraudulently or not, an object for another; It is the strength of a person or group when discussing prices, putting pressure and demanding, for example, higher quality at a lower price. A supplier's bargaining position is especially strong when supply is vital to the organization, because the organization will need to buy that supply regardless of the price the supplier requests.