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In January 2001, Mary Linn, vice president of finance for Ocean Carriers, a shipping and delivery firm with places of work in Ny and Hong Kong, was analyzing a proposed lease of a ship for A 3-calendar year period of time, starting in early 2003. The customer was eager to finalize the deal to satisfy his very own commitments and presented really eye-catching conditions.
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Nevertheless, if there are several suppliers alternative, suppliers have small bargaining electric power and business do not have to confront substantial switching cost. The opportunity factors that results bargaining electric power of suppliers are the following:
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