Apple Inc. custom-orders the microprocessors for its iMac and MacBook from Intel, which works with Apple to minimize costs for each type of chip while maximizing quality, ultimately giving customers good value for their money. This is an example of a
A) symbiotic partnership.
B) make-buy decision.
C) reciprocal agreement.
D) supply partnership.
E) tying arrangement.

Question

Quizplus · Accepted Answer

A supply partnership is a collaborative relationship between a buyer and a supplier to achieve mutual benefits, such as cost reduction and quality improvement, which is exemplified by Apple's collaboration with Intel.

Apple Inc Custom-Orders the Microprocessors for Its IMac and MacBook from from Intel