why do small scale industries have low bargaining power in purchasing raw material
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why do small scale industries have low bargaining power in purchasing raw material
why do small scale industries have low bargaining power in purchasing raw material
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Answer:
Small Industries generally rely on local sources for supply of Raw Materials. ... As the purchase quantity is low the small industries are unable to indulge in bargaining as power of bargaining can only be exercised when the purchase quantity is High.