Question

According to​ David, Walmart, using its large size and volume​ purchases, negotiates with manufacturers and wholesalers to keep supply costs low so that Walmart can offer lower prices to its customers. This is an example of​ _____.

Answer 1

Answer:

Strong bargaining power of the buyers

Explanation:

According to​ David, Walmart, using its large size and volume​ purchases, negotiates with manufacturers and wholesalers to keep supply costs low so that Walmart can offer lower prices to its customers. This is an example of​ Strong bargaining power of the buyers. In this scenario the Walmart is acted as a buyer since it is negotiating with the manufacturer and wholesalers.