CIPS Commercial Negotiation L4M5 Question # 20 Topic 3 Discussion

CIPS Commercial Negotiation L4M5 Question # 20 Topic 3 Discussion

L4M5 Exam Topic 3 Question 20 Discussion:
Question #: 20
Topic #: 3

In preparation for holding negotiation meetings with existing suppliers, category manager Stephen would like to appraise the bargaining strength of his organisation. Which of the following are examples of buyer power? Select TWO that apply:


A.

Ability to easily switch suppliers


B.

Suppliers are limited in number


C.

Collusion between competitor suppliers


D.

Buyer is large in size relative to suppliers


E.

High barriers of entry exist for new suppliers


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