Multiple Choice
Crowley Heat Exchangers, Inc. is the only provider of a patented high-efficiency heat exchanger. Global Construction Corporation desires to include Crowley's heat exchanger in a proposal for a major project for Global's largest client. However, Crowley charges a premium price for its patented equipment. As a result, Global's potential profit on the major project is eroded, which is an example of the high bargaining power of
A) customers.
B) suppliers.
C) complements.
D) competitors.
E) new entrants.
Correct Answer:
Verified
Correct Answer:
Verified
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