With respect to e-procurement, Acosta, Ahold, Best Buy, Carrefour, Safeway, Sears, and several other companies joined forces to form a ________ called ISYNC to use their combined leverage to obtain lower prices from suppliers.

Question

Quizplus · Accepted Answer

The given scenario describes a group of companies collaborating together to use their combined leverage to obtain lower prices from suppliers. This is an example of a buying alliance, where companies come together to make collective purchasing decisions to achieve better pricing and other benefits from suppliers. The other options, such as manufacturer's co-op, supplier's co-op or middleman group do not fit with the given scenario. Cabal implies a secretive or conspiratorial group, which is not the case here.

With Respect to E-Procurement, Acosta, Ahold, Best Buy, Carrefour, Safeway