Which of the following is not an advantage of the "few suppliers" concept?
A) suppliers' willingness to participate in JIT systems
B) trust
C) vulnerability of trade secrets
D) creation of value by allowing suppliers to have economies of scale
E) suppliers' willingness to provide technological expertise

Question

Quizplus · Accepted Answer

The vulnerability of trade secrets is not an advantage of the "few suppliers" concept. This concept limits the number of suppliers a company relies on, which can lead to increased trust, willingness to participate in JIT systems, economies of scale, and technological expertise from suppliers. However, this also means that a company is potentially more vulnerable to intellectual property theft or leaks of confidential information from suppliers.

Which of the Following Is Not an Advantage of the "Few