BARGAINING POWER OF SUPPLIERS
\bˈɑːɡɪnɪŋ pˈa͡ʊəɹ ɒv səplˈa͡ɪ͡əz], \bˈɑːɡɪnɪŋ pˈaʊəɹ ɒv səplˈaɪəz], \b_ˈɑː_ɡ_ɪ_n_ɪ_ŋ p_ˈaʊ_ə_ɹ ɒ_v s_ə_p_l_ˈaɪə_z]\
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Advantages that occur when suppliers are concentrated, there are too many buyers, the suppliers goods are of special interest, suppliers are forward integrated, or its too costly to change suppliers. Now the supplier has the power to demand what they want.
By Henry Campbell Black
Nearby Words
- bargaining agent
- bargaining chip
- bargaining negotiations
- bargaining power
- bargaining power of customers
- BARGAINING POWER OF SUPPLIERS
- bargaining rights
- bargaining unit
- bargainor
- barge
- barge in