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What best exemplifies the power of LVMH's suppliers? The bargaining power of suppliers will be low for Louis Vuitton because suppliers are not concentrated. The

What best exemplifies the power of LVMH's suppliers?

The bargaining power of suppliers will be low for Louis Vuitton because suppliers are not concentrated.

The bargaining power of suppliers will be low for Louis Vuitton because switching costs are high.

The bargaining power of suppliers will be high for Louis Vuitton because substitute products are not available because of unique design pattern.

The bargaining power of suppliers will be high for Louis Vuitton because LVMH is highly price sensitive and has adequate market knowledge

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