Supplier power tends to be highest in industries with all of the following attributes: (1) the supplier’s product is vital to buyers; (2) switching from one supplier to another is very costly, and; (3) there are many suppliers.

Respuesta :

Answer:

the correct answers are

(1) the supplier’s product is vital to buyers;

(2) switching from one supplier to another is very costly

the 3rd answer is INCORRECT.

Explanation:

If there are many suppliers to chose from, then the supplier bargaining power is low.