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5forces model

How can bargaining power of buyer can effect competition inversely or positive realtion.how??


pabbati varshath

pabbati varshath

CA Inter

0

02-Apr-20 00:12

40

Answers (1)

Powerful large number of buyers usually bargain for better services which requires cost and investment to producers. If producer provide required services then customers will stay, otherwise they will easily switch to competitor's products if competitors able to provide those services.


K K K

K K K

CA Inter

13K+

02-Apr-20 00:44