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CIPS Defining Business Needs L4M2 Question # 79 Topic 8 Discussion

CIPS Defining Business Needs L4M2 Question # 79 Topic 8 Discussion

L4M2 Exam Topic 8 Question 79 Discussion:
Question #: 79
Topic #: 8

Which of the following factors would mean a buyer had high bargaining power in a competitive market? Select TWO that apply.


A.

Many substitute products are available


B.

Buyers are procuring a low volume of products


C.

High switching costs for the buyer


D.

Buyers are demanding large volumes


E.

Products are highly differentiated


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