- A kind of small pinchers with long jaws, -- used for
bending or cutting metal rods or wire, for handling small objects such
as the parts of a watch, etc.
Powerful Suppliers Suppliers can exert bargaining power on participants in an industry by raising prices or reducing the quality of purchased goods and services. Powerful suppliers, thereby, can squeeze profitability out of an industry unable to recover cost increase in its own prices.
Definition
[ n. pl.]