The effectiveness of the buyer-vendor relationship depends on the:
A) final negotiated prices.
B) negotiation skills of the buyer and the economic power of the firms involved.
C) profitability of the line for the retailer.
D) method of shipment.
E) markdown money.

Question

Quizplus · Accepted Answer

The effectiveness of the buyer-vendor relationship depends on the negotiation skills of the buyer and the economic power of the firms involved. This includes factors such as the ability to negotiate favorable terms and conditions, the ability to exert influence over the vendor in terms of product quality and delivery, and the ability to generate significant revenue for the vendor. Final negotiated prices, profitability of the line for the retailer, method of shipment, and markdown money may all be important factors in the relationship, but they do not determine its overall effectiveness.

The Effectiveness of the Buyer-Vendor Relationship Depends on The