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GAQM CBAF-001 Exam - Topic 1 Question 82 Discussion

In which of the following circumstances do buyers have high bargaining power?
A) When available sources of supply are available and easy to find.
B) When the cost of a product or service is low.
C) When switching costs are high.
D) When the supplier brand is powerful.

GAQM CBAF-001 Exam - Topic 1 Question 82 Discussion

Actual exam question for GAQM's CBAF-001 exam
Question #: 82
Topic #: 1
[All CBAF-001 Questions]

In which of the following circumstances do buyers have high bargaining power?

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Suggested Answer: A

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Annelle
1 month ago
But what about B? Low cost can also give buyers leverage.
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Kimbery
2 months ago
I agree, A makes sense. Easy to find sources boosts buyer power.
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Rickie
2 months ago
I think A is the best choice. More suppliers mean more options.
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Florencia
2 months ago
Totally agree with A, it's all about choices!
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Justine
2 months ago
Wait, are we sure about D? Powerful brands usually have the upper hand.
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Elroy
2 months ago
C actually gives suppliers more power, not buyers.
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Doretha
4 months ago
I think B is also a factor, low costs attract more buyers.
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Starr
4 months ago
A is definitely true, more options mean more power!
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Cyril
5 months ago
I feel like powerful supplier brands would reduce buyer power, so D seems wrong to me. It's tricky though!
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German
5 months ago
I practiced a similar question where high switching costs meant low buyer power, so I think C is definitely not the right answer.
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Gregg
5 months ago
I'm not entirely sure, but I remember something about low switching costs giving buyers more power. Maybe option B is correct?
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Nicolette
5 months ago
I think buyers have high bargaining power when there are many sources of supply, so I would lean towards option A.
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