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Business Data Management · Quiz 2 · 10 Jul 2022 · May 2022 term

Question 1: Which of these situations is likely to cause high bargain…

Question 1

+1 markOne correct option

Which of these situations is likely to cause high bargaining power of suppliers?

  1. A

    Many customers with low brand loyalty

  2. B

    A few large suppliers dominate the market

  3. C

    Many alternative sources of supply

  4. D

    None of these

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Correct answer

  • B

    A few large suppliers dominate the market

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Question 1 of 20 in the IIT Madras BS Business Data Management (BDM) Quiz 2 paper sat on 10 Jul 2022, in the May 2022 term (IIT M DIPLOMA QUIZ2 EXAM QPE1 10 July 2022). It carries 1 mark.

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