Most small businesses are successful in purchasing when they use a single source of supply.

Question

Quizplus · Accepted Answer

While using a single source of supply may have some advantages such as convenience and potentially negotiating better pricing, it also carries risks such as supply chain disruptions or overdependence on one supplier. Diversifying suppliers can provide more options and potentially better deals. Therefore, it is not necessarily true that most small businesses are successful with a single source of supply.

Most Small Businesses Are Successful in Purchasing When They Use