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In which of the following circumstances do buyers have high bargaining power?
Suggested Answer: A
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12 comments · newest first
AN
Annelle
3 months ago
But what about B? Low cost can also give buyers leverage.
KI
Kimbery
3 months ago
I agree, A makes sense. Easy to find sources boosts buyer power.
RI
Rickie
3 months ago
I think A is the best choice. More suppliers mean more options.
FL
Florencia
4 months ago
Totally agree with A, it's all about choices!
JU
Justine
4 months ago
Wait, are we sure about D? Powerful brands usually have the upper hand.
EL
Elroy
4 months ago
C actually gives suppliers more power, not buyers.
DO
Doretha
5 months ago
I think B is also a factor, low costs attract more buyers.
ST
Starr
6 months ago
A is definitely true, more options mean more power!
CY
Cyril
6 months ago
I feel like powerful supplier brands would reduce buyer power, so D seems wrong to me. It's tricky though!
GE
German
7 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.
GR
Gregg
7 months ago
I'm not entirely sure, but I remember something about low switching costs giving buyers more power. Maybe option B is correct?
NI
Nicolette
7 months ago
I think buyers have high bargaining power when there are many sources of supply, so I would lean towards option A.