Power of Suppliers and Power of Buyers

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Written by:

Robert C


Date added:

August 4, 2014








No of pages / words:

6 / 1562


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2000 times


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Nonetheless in North America and around the world there are many different companies that are in the business of selling supplies to restaurants. With this many different companies having the same intention, the restaurant industry has a large degree of choice in whom to buy from. For example, if a restaurant is not happy with one company's price for bar stools, the owner can easily find a different company with a better price for bar stools...
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The excess of companies to supply restaurants reveals that these suppliers do not have a large influence on the success of the restaurant industry. In addition the majority of supplies that are needed for the restaurant industry are not unique from restaurant to restaurant. Different companies do not need different types of plates in order to be successful...
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