Need an research paper on buyer groups as strategic commitments. Needs to be 6 pages. Please no plagiarism.

Need an research paper on buyer groups as strategic commitments. Needs to be 6 pages. Please no plagiarism. While the sellers can form cartels, which affords them an oligopolistic market advantage where they can produce and supply products to the market at prices and quantities that will maximize their profits, the buyers have a different alternative.

The formation of buyer alliances, buyer cooperatives, or horizontal mergers for buyers serves to grant them a buyer power (Dana, 2012 p.476). They can then apply this buyer power, to negotiate for the lowered price of goods and services they purchase, in that, they can afford to mobilize more capital, thus take advantage of quantity discounts offered, since they can use the pool of capital to purchase in bulk. Alternatively, the buyers can share the costs incurred in the process of purchasing and transporting their products, ensuring that such products are received at low costs possible (Dana, 2012 p.471). It is not more of the sizes of the buyers that collaborate to enhance their buying power, but also about the number of sellers existing for selling the products in that market segment that the buyer groups target. Thus, the topic, Games and Economic Behavior - Buyer groups as strategic commitments is of interest, in that it seeks to create an insight on how the buyers can collaborate to fulfill their goals. This is a topic of interest to both the buyers and the sellers, in that it can help them understand how different forms of collaborations enhance the buyer’s power.

A manager of a firm dealing in the wholesale or distributing business will find this research very important, in that it will help such managers to understand how they can engage in any form of buyer alliances, mergers, and cooperatives, to enhance their buyer power and ensure they purchase their products at lower prices.&nbsp.