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Author Question: Explain the power of suppliers with an example. What will be an ideal ... (Read 60 times)

dbose

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Explain the power of suppliers with an example.
 
  What will be an ideal response?

Question 2

Which of the following includes a high-level description of a system that an organization is on the lookout for?
 
  A) request for proposal
  B) request for information
  C) request for quotation
  D) request for tender



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b614102004

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Answer to Question 1

The power of suppliers is the advantage sellers have when there is a lack of competition and they can charge more for their products and services. This is one of Porter's five competitive forces. Microsoft is an example. Given the dominance of its Windows operating system, PC assemblers around the world risk losing customers if they don't install it.

Answer to Question 2

B




dbose

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Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)


Liddy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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