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Which example shows the technological environment increasing customer bargaining power?

Answer and explanation

Correct answer: Customer instantly compares prices and reviews online

The direct answer is A: the customer instantly compares prices and reviews online. Customer bargaining power means the customer's ability to compare sellers, search for alternatives, question prices, and choose a better deal. Technology provides quick access to prices, product features, ratings, and reviews. The reasoning chain is: online information becomes available; the customer can compare several sellers; switching to another seller becomes easier; therefore the customer gains stronger bargaining power. Option A is correct because it directly shows this comparison and choice. Option B is wrong because lack of information weakens, rather than increases, customer power. Option C is wrong because hiding the price prevents comparison and supports the seller's position. Option D is wrong because stopping communication removes information and choice; it does not empower buyers. The example concerns the technological environment because websites, search tools, review systems, and digital marketplaces change how customers make decisions. Memory cue: more information and more alternatives usually mean more bargaining power for the customer.

Related tags

Business-EnvironmentCustomer-PowerOnline-Comparison

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