Whether buyers are able to exert strong competitive pressures on industry member

Question

Whether buyers are able to exert strong competitive pressures on industry members depends on _______________.

(1) the extent to which buyers can exercise enough bargaining power to influence the conditions of sale in their favor and (2) whether strategic partnerships between certain industry members can adversely affect other industry members

(1) the extent to which buyers are price-sensitive, and (2) the competitiveness of the market

(1) the degree to which buyers have bargaining power, and (2) how much buyer preferences vary within the industry

(1) the degree to which buyers have bargaining power, and (2) the extent to which buyers are price-sensitive

(1) how much buyer preferences vary within the industry, and (2) whether industry members are spending more or less on advertising

Explanation / Answer

1)the extent to which buyers are price-sensitive, and (2) the competitiveness of the market

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