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Business, 12.02.2020 02:17 jolleyrancher78

Suppliers are more likely to be powerful relative to the firms to which they sell their goods and services if: 1) differentiation among existing suppliers is high. 2) the suppliers' industry is highly fragmented. 3) existing suppliers lack economies of scale. 4) the suppliers' industry is dominated by a few companies. 5) cost advantages independent of size are negligible.

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