An automobile manufacturer is dependent on a single supplier for tires. Based on this information, which of the following statements is true?

An automobile manufacturer is dependent on a single supplier for tires. Based on this information, which of the following statements is true?








a. The barriers to market entry are low.
b. The buyer has greater bargaining power.
c. The threat of new entrants is high.
d. The supplier has significant bargaining power.










Answer: D


Marketing

Learn More Multiple Choice Question :