Suppliers in an industry are most powerful when:a.there are few substitutes for the products that they sell.b. switching costs are low.C.their profitability is significantly affected by the purchases of companies in a particularindustry.d. they refrain from entering their customers' industry because of lack of resources.

a.There are few substitutes for the product suppliers sell

Answered: Suppliers in an industry are most…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Similar questions

Do you think that a supplier's willingness to enter into e-commerce can directly influence their opportunities to supply medical facilities and what options do they have if the facility has moved to online operations but the supplier has not?
There are major advantages to transferring technical specialists into procurement whereby they can add their expertise to commercial decisions. Would you agree with this? Why?
Agents and brokers: a) take the title, assume risk and generally are involved in buying and reselling products to industrial or retail customers b) take title to products and negotiate sales but do not physically handle products c) negotiate purchases and expedite sales but do not take title to products d) are part of the producer’s vertically integrated distribution channel e) are highly specialised wholesalers who act as facilitating agencies for producers
Once market research is concluded and the results are obtained, how do you proceed? What are the next steps in the procurement process
What is the term that is used to describe, when a company focuses on new product and market development that requires superior market intelligence and reeducating distribution channel members?
Marketing activities of services differ totally from those involved in selling goods and transferring ownership. True False If false, give the good answer course: export of services
One disadvantage of direct-to-customer channels is that Multiple Choice most organizational buyers are used to relying on intermediaries to serve as their purchasing advisors. they require producers to shift many marketing functions to others. this approach makes it hard to achieve coordination among the required marketing activities. they make it more difficult to get information about changing needs of the market. None of the answers are correct.
You are a supply manager for a major distributor. The CEO has strongly encouraged that you buy lighting products for the new municipal stadium from a supplier that belongs to the CEO’s country club. How would you handle this attempt to influence you?
Procurement- The level of knowledge and analysis used for a global source is equal to that required for a domestic source. True False
What is the likely impact on centralized versus decentralized procurement on Automated and agile operations Frictionless collaboration Smarter procurement

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS