Business Studies · Porter's Five Forces
In Porter's model, the bargaining power of buyers increases when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Buyers purchase in small and infrequent quantities
- 2There are very few alternative suppliers available
- 3Products are standardized and switching costs are low✓
- 4Supplier inputs are highly differentiated
Correct answer
Products are standardized and switching costs are low
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