What is the best reason for retailers to develop and maintain relationships with multiple and sometimes competing suppliers?
A) A function of retailers is to provide assortments, so they must deal with a variety of suppliers
B) By working with multiple suppliers, retailers tend to make better negotiators
C) A buy should never be contracted with a sole supplier
D) Buyers need to always have a way to cut and move on to better vendors without a break in the supply chain
E) A variety of vendors assures more buys on behalf of the retailer

Question

Quizplus · Accepted Answer

Retailers need to provide a wide assortment of products to meet diverse customer needs, which requires dealing with multiple suppliers.

What Is the Best Reason for Retailers to Develop and Maintain