Dealing with Supplier's Bargaining Power

Give in to the supplier's demands

Explore alternative suppliers

Threaten to cut ties with the supplier

Resist and negotiate for better terms (correct)

Accept all demands unquestioningly

Seek mutually beneficial agreements (correct)

Ignore the supplier's concerns

Engage in aggressive price wars

Immediately concede to all demands

Strengthen negotiation tactics and leverage (correct)

Agree to long-term unfavorable contracts

Limit communication with the supplier