If the buyers are concentrated and they buy from a large number ...

[folubunmi]

If the buyers are concentrated and they buy from a large number of suppliers, then the bargaining power of buyers is increased.
 
  Indicate whether the statement is true or false

Question 2

The Partnering for Success feature in Chapter 3 focuses on the task of finding the right business partner. According to the feature, which of the following is an incorrect rule-of-thumb in finding a business partner?
 
  A) Know the skills and experiences you need in a partner.
  B) Make sure you and your partner's work habits are compatible.
  C) Make sure you and your partner have common goals and aspirations.
  D) Pick a partner that is similar rather than different from you in terms of skills, abilities, and functional background.
  E) Hire a lawyer to negotiate the partnership agreement.

[Fayaz00962]

Answer to Question 1

TRUE

Answer to Question 2

D

[folubunmi]

Wow, this really help

[flexer1n1]

Thanks for the timely response, appreciate it