The buyer and the supplier must agree on how to divide or share the costs and benefits from the supplier development project.

Question

Quizplus · Accepted Answer

This is true. The buyer and supplier need to agree on how to split the costs and benefits of a supplier development project. This includes identifying the expenses involved in improving the supplier's capabilities, as well as the potential returns that the buyer could receive from the enhanced partnership. By reaching an agreement on cost-sharing and benefit-sharing arrangements, both parties can work together towards the successful completion and evaluation of the supplier development initiative.

The Buyer and the Supplier Must Agree on How to Divide