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?

AWhen available sources of supply are available and easy to find.

BWhen the cost of a product or service is low.

CWhen switching costs are high.

DWhen the supplier brand is powerful.

Show Suggested Answer

Suggested Answer: A

by Leota at Mar 31, 2026, 06:11 PM

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22 days ago

I think B is also a factor, low costs attract more buyers.

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27 days ago

A is definitely true, more options mean more power!

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2 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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2 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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2 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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2 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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