Question

The bargaining power of suppliers works well for appliers when one of the following conditions exists The product that suppliers sell has many substitutes and is not important to the buying company 3. The product that suppliers sell has few substitutes and is not important to the buying company C. The product that suppliers sell has few substitutes and is important to the buying company D. The product that suppliers sell has many substitutes and is important to the buying company In our analysis of strategic groups in the pharmaceutical industry, we find that a proprietary group, such as Pfizer, has chosen one of these strategies A High-risk high-return strategy B Low-risk high-return strategy C. Low-risk low-retur Strategy D. Medium-risk medium-retum strey The price of a proprietary poup product tends to follow one of the wing pricing acties Reasonable Rational The pricing strategy of the products of generic groups tend to be c. Roshe 1 Amature Industry is charactered by one of the following choices Expanding production capacity as due les Operm a nnot short the whole producto Premium pricing of its products without fear of price war Distinctive competences of a company are ed in one of the following A onomies of scale or production with large volume Renesandanubis C. Opportunities and threats D. Weakness and market niche 2. compete whantage R Owaf' the following factors does not affect the durability of Barriers to imitation industry dynamim C Seasonal market demand for all substitutes D. Imitating resources e tyto One of the problems of sustaining competitive advantages is th Comet themselves to prior strategie commitment Stick to the idea of continuous improvement C Adopt the best managerial and industrial practices D Build blocks of competitive advantage

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Answer 1

23]

Bargaining power of suppliers is higher when :

• The supplier's product has few substitutes
• The product is important to the buyer

Bargaining power of suppliers is lower when :

• The supplier's product has many substitutes
• The product is not important to the buyer

Therefore, the answer is (C)