Question

Whether supplier-seller relationships in an industry represent a strong or weak source of competitive pressure is a function of a. whether the profits of suppliers are relatively high or low. b. the average number of suppliers that each seller/industry member purchases from. c. how aggressively rival industry members are trying to differentiate their products. d. whether demand for supplier products is high and they are in short supply. e. whether the prices of the items being furnished by the suppliers are rising or falling.

Answer 1

Whether supplier-seller relationships in an industry represent a strong or weak source of competitive pressure is a function of whether demand for supplier products is high and they are in short supply.

What are competitive pressures?

competitive pressure are those pressures that are been faced by a company from their competitors in the market.

When the demand for supplier products is high, then  there is a strong   source of competitive pressure.

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