The purchasing approach that holds the suppliers responsible for maintaining the necessary technology, expertise, and forecasting ability plus cost, quality, and delivery competencies is
A) few suppliers
B) many suppliers
C) Keiretsu
D) vertical integration
E) virtual companies
Correct Answer:
Verified
Q39: The transfer of some of what are
Q46: Outsourcing
A) transfers traditional internal activities to outside
Q47: A fried chicken fast-food chain that acquired
Q48: Which one of the following is not
Q49: Keeping a product generic as long as
Q50: Which one of the following statements about
Q52: Which of the following best describes vertical
Q53: One dollar saved in purchasing is
A) equivalent
Q54: McDonald's Russian "food town" is to _
Q56: A disadvantage of the "few suppliers" strategy
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