Your business manufactures motors. Based on prices and shipping, you only have one business as an option to buy bearings. This means there is high _________.

A) buyer power
B) supplier power
C) threat of new entrants
D) threat of substitutes

Supplier Power

The influence that suppliers may have over a company, often due to the scarcity of their product or the lack of alternative suppliers.

Bearings

Machinery components used to reduce friction between moving parts and support rotational or sliding movements.

Motors

Machines that convert electrical energy into mechanical energy, typically used for powering devices, vehicles, or machinery.