Preferred supplier arrangements occur when a company develops a special relationship with suppliers.

Name: Preferred supplier arrangements occur when a company develops a special relationship with suppliers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Preferred supplier arrangements involve establishing a closer and more collaborative relationship with certain suppliers, often through contractual agreements, which can result in more stable supply chains, better pricing, and improved quality of goods and services.

Preferred Supplier Arrangements Occur When a Company Develops a Special