Asked by Akyaira Stinson on May 22, 2024

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Which of the following increases supplier power?

A) Globalization
B) Integrated supply chains
C) Intermediation
D) Internet searching

Supplier Power

The influence that suppliers may have over the businesses they supply, affecting terms, pricing, and availability of products or services, potentially impacting competitive dynamics in an industry.

Globalization

The process of increasing interconnectedness and interdependence among countries, typically with respect to economics, politics, and culture.

Integrated Supply

A strategy that synchronizes the flow of materials and information among various suppliers to ensure efficient and cost-effective operations.

  • Analyze the effects of globalization, technology advancement, and integrated supply chains on supplier power.
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JB
Jennifer BrownMay 28, 2024
Final Answer :
B
Explanation :
Integrated supply chains can increase supplier power by making it more difficult for buyers to switch to alternative suppliers, thereby giving suppliers more leverage.