Answer:
d) the costs incurred by buyers in switching to competing brands or to substitute products are relatively high.
Explanation:
Bargaining power dictate the power that both the buyers and sellers have when influencing a deal so it goes to their favor. When the bargaining power of the buyers increase, the bargaining power of the sellers would be decreased and vice versa.
When the costs incurred by buyers in switching to other competitors are relatively high, The Sellers will have more bargaining power since they know that the buyers need to make a large economic sacrifice if they decided to not buying their products.
This means that the buyers bargaining power will become weaker, and they have to conform to the terms set by the sellers.
Answer:
<h3>Why did the first Chinese cities develop on the North China Plain? A) The North China Plain was protected from outside invasion. ... The river valleys throughout China were overcrowded with people.</h3>
Answer:
Embracing the Christian Faith
Explanation:
Augustine was a Neoplatonic philosopher and theologian. Before his conversion, he had undergone torturous mental agonies. When Augustine tells the story of his agonies to Simplicianus, a priest of Milan, he narrated the story of how Victorinus embraced Christian faith. This moved Augustine. He argued that if an intellectual like Victorinus could embrace Christanity at such an advanced age, why not he? This proved a great motivating factor for Augustine who said "he was ardent to follow Victorinus example.
Answer:
Some of the larger and more popular tribes of Native Americans in the Southwest are the Navajo, Apache, Hopi, and the Ute. The Utes lived in what is now Utah, which gets its name from this group of people.
<em>hope this helps!</em>
<u>Answer:</u>
Telemarketers know that anyone who agrees to listen to a pitch is more likely to buy the product, thanks to the foot-in-the-door phenomenon.
<u>Explanation:</u>
- 'Foot-in-the-door phenomenon' is the phenomenon of persuading someone to agree upon a big request after them 'agreeing to a small request'.
- This phenomenon is based on a principle that when a person agrees upon a small request, there is development of bond between the requester and request.
- This development of bond will help the requester to make request agree upon his request.
- In the above case, if a person agrees to listen to the polite pitches of telemarketers, there is agreement on small request and the probability to buy a product will increase because there is development of bond between them.
