CIMA E2 Syllabus A. Business models and value creation - Bargaining Power of Suppliers - Notes 5 / 10
Supplier Power
Bargaining power of suppliers is high when there are few suppliers, switching is expensive and difficult, the supplier has an excellent brand, etc.
Bargaining power of suppliers is low when there are many suppliers, switching is cheap and easy etc.
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Syllabus A. Business models and value creation
A2. Competitive Advantage
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Syllabus A. Business models and value creation
A2. Competitive Advantage