the John Deere Company employs 94 engineers who work full-time with the company's suppliers to improve their efficiency and quality and reduce their costs,it is practicing

Question

Quizplus · Accepted Answer

The practice of employing engineers to work with suppliers to improve their efficiency, quality, and reduce their costs is known as supplier development. Therefore, option D is correct. Buyer development refers to enhancing a supplier's knowledge of a company's needs and operations, and make-buy decisions involve deciding whether to produce a product in-house or purchase it from a supplier. Supply partnerships involve a long-term collaborative relationship between a buyer and supplier to achieve mutually beneficial objectives. Directive purchasing refers to a purchasing strategy where a buyer mandates specific requirements to its suppliers. Therefore, options A, B, C, and E are incorrect.

The John Deere Company Employs 94 Engineers Who Work Full-Time