Small suppliers:
A)are most suited for large dollar value "A" requirements.
B)usually represent very low risk to the purchaser.
C)tend to have a strong financial base.
D)tend to have an extensive management structure.
E)often provide the greatest responsiveness and flexibility.

Question

Quizplus · Accepted Answer

Small suppliers often have fewer bureaucratic layers, allowing for quicker decision-making and flexibility in adapting to customer needs. They may not have the financial resources of larger suppliers, but they can often provide a competitive advantage in responsiveness and agility. Choice A is incorrect because large dollar value requirements may exceed the capacity of small suppliers. Choice B is incorrect because all suppliers carry some level of risk, regardless of size. Choice C is incorrect because small suppliers may have limited financial resources. Choice D is incorrect because small suppliers often have a flatter management structure.

Small Suppliers