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Small firms have low bargaining power for raw materials mainly because they buy:
AThrough auctions
BIn small quantities
COnly from abroad
DOnly in monsoon
Answer & Solution
Correct answer: B. In small quantities
1. They have no storage for bulk buying.
2. Their purchases are small.
3. So bargaining power is low.
_Source: NCERT Class 11 Business Studies, Chapter 9, Small Business and Entrepreneurship._
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