What can a provider with significant power do to affect its sector? All of these are the response . its called the Bargaining Power of Buyers .
One of the forces in Porter's Five Forces Industry Analysis Framework is the bargaining power of suppliers. is the polar opposite of the Bargaining Power of Buyers and describes the pressure that suppliers can apply to businesses by increasing their prices, lowering their product quality, or decreasing the availability of their products. This structure is a staple of corporate strategy. The competitive climate and profit potential of the buyers are impacted by the supplier's negotiating strength in a certain industry. Companies are the customers, while people who provide goods and services to companies are the suppliers.
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