Firms should listen to their suppliers for new-product ideas.

Name: Firms should listen to their suppliers for new-product ideas.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Suppliers often have unique knowledge and expertise in their respective industries and can suggest ideas for new products or improvements to existing ones. Additionally, building strong relationships with suppliers can lead to better collaboration, efficiency, and cost-savings in the production process.

Firms Should Listen to Their Suppliers for New-Product Ideas