The perspective of business organizations in viewing suppliers as partners is characterized by:

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When business organizations view suppliers as partners, they focus on developing long-term relationships with their suppliers. This involves entering into long-term contracts that benefit both parties and working collaboratively towards achieving common goals. Price-based competitive bidding and an adversarial relationship with suppliers are not conducive to productive partnerships, whereas relying on more suppliers and being unwilling to share information do not necessarily align with the notion of developing a strong partnership with suppliers.

The Perspective of Business Organizations in Viewing Suppliers as Partners