In what circumstances is the bargaining power of suppliers likely to be high, in relation...

CIPS L4M5 Question Answer

In what circumstances is the bargaining power of suppliers likely to be high, in relation to buyer power? Select THREE that apply.

The number of suppliers is limited

The demand is not urgent

The product the buyer requires is undifferentiated

The volume required is low

The supplier has highly specialized machinery

The buying firm is large in comparison to the supplier

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