Apple,Inc.custom orders the manufacture of microprocessors for its iMac,iPhone,and iPad.For example,Intel makes chips for the iMac and Samsung produces Apple-designed chips for the iPhone and iPad.These two suppliers in turn rely on components from their own subcontracted suppliers.The suppliers involved in making and delivering microprocessors have adopted mutually beneficial objectives and strategies that ultimately give Apple's customers value for their money.Apple's method of doing business this way is an example of a(n)
A)symbiotic partnership.
B)make-buy decision.
C)reciprocal agreement.
D)supply partnership.
E)exclusive dealing.

Question

Quizplus · Accepted Answer

A supply partnership involves collaboration between a company and its suppliers to achieve mutually beneficial objectives, as seen in Apple's collaboration with Intel and Samsung.

Apple,IncCustom Orders the Manufacture of Microprocessors for Its IMac,iPhone,and IPad