Which one of the following statements is True about a cooperative orientation in supplier relationships?
A) It cannot be implemented in Western countries because competitive bidding is more effective in that culture.
B) It cannot be implemented in the Western countries because it always benefits the supplier.
C) It requires all parts and subassemblies to be purchased from the same supplier.
D) It requires few suppliers for each item or service.

Question

Quizplus · Accepted Answer

A cooperative orientation in supplier relationships requires few suppliers for each item or service. This allows for better communication, collaboration, and trust between the supplier and the buyer, leading to better outcomes for both parties. While competitive bidding may be more common in Western cultures, a cooperative orientation can still be implemented effectively. The statement that it always benefits the supplier is not true, as both parties can benefit from a cooperative relationship. The statement about purchasing all parts from the same supplier is not necessarily true, although it can be a strategy in some cases.

Which One of the Following Statements Is True About a Cooperative