Porter's 5 Forces: Bargaining Power of Suppliers

One of the five competitive forces that affects the profitability of an industry is the bargaining power of suppliers. If suppliers have strong bargaining power, they can charge higher prices, reduce quality, or threaten to compete directly with the customer.
Suppliers are most powerful when they are highly concentrated, pose a threat for forward integration, and make a product for which there are few or no substitutes.-
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[@markbraswell6085]

Was struggling with this specific part of Porter's 5 Forces and you really helped clear it up. Thank you

[@Edspira]

No problem, I hope your class goes well!

[@pkTeddyDrolly]

Brilliant explanation. Thank you.

[@Edspira]

Glad it was helpful!

[@marshiamou7490]

Thank u man, it's really helpful.. idk why my uni lecturer spend 3 hours on this topic🐸🐸

[@camilaferraz8153]

Thank you! That was a very good explanation!

[@symbionictitan4074]

This one video explained it better than my uni professor ever will.