The availability of substitutes plays a role in determining the bargaining power of suppliersfor industrial clients
Indicate whether the statement is true or false
TRUE
You might also like to view...
The LOT-R Test measures a person’s:
a. Access to lots of venture capital b. How many people they know who can be useful to a business c. Optimistic attitude –the ability to deal with adversity of all types d. Ability to sell a new product
The results of a filter performed in a query will be saved when the query is saved
Indicate whether the statement is true or false
Trend-Rite Clothiers, Inc, sells t-shirts to Brand Name Stores, Inc, under an existing con-tract. When textile costs increase, Brand agrees to a price increase, but later wants to cancel the contract. Brand may A) cancel the contract immediately
B) cancel the contract only after accepting a final shipment. C) cancel the contract only on reasonable notice. D) not cancel the contract.
The two broad categories of buying behavior are ____ and ____.
A. psychological; social B. consumer; person-specific C. consumer; business D. government; industrial E. consumer; reseller