BARGAINING POWER OF CUSTOMERS
\bˈɑːɡɪnɪŋ pˈa͡ʊəɹ ɒv kˈʌstəməz], \bˈɑːɡɪnɪŋ pˈaʊəɹ ɒv kˈʌstəməz], \b_ˈɑː_ɡ_ɪ_n_ɪ_ŋ p_ˈaʊ_ə_ɹ ɒ_v k_ˈʌ_s_t_ə_m_ə_z]\
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An advantage that happens because a buyer is organized, a buyers purchases lead to revenue for a supplier, they purchase with their own money, or there are more suppliers than buyers. A buyer can ask what they want and lower prices.
By Henry Campbell Black
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.
Nearby Words
- bargaining
- bargaining agent
- bargaining chip
- bargaining negotiations
- bargaining power
- BARGAINING POWER OF CUSTOMERS
- bargaining power of suppliers
- bargaining rights
- bargaining unit
- bargainor
- barge