Value Central gives certain suppliers access to its sophisticated and detailed daily,individual store-based sales data.In exchange,those suppliers are responsible for managing Value Central's inventory of their products.This relationship is best described as ________.
A) basic buying and selling
B) contractual transaction
C) collaborative
D) customer supply
E) customer is king

Question

Quizplus · Accepted Answer

This is a collaborative relationship where both parties benefit. Value Central gets access to detailed sales data and the suppliers manage Value Central's inventory of their products. This requires open communication and cooperation between both parties.

Value Central Gives Certain Suppliers Access to Its Sophisticated and Detailed