The purpose of having multiple suppliers for a product is to
A) guarantee the supplier sufficient business when the supplier has to make a significant buyer-specific investment.
B) ensure a degree of competition.
C) ensure the possibility of a backup should a source fail to deliver.
D) both B and C
Correct Answer:
Verified
Q43: Sourcing a product overseas may have
A)higher product
Q66: A contract that allows the buyer to
Q67: A contract that allows a retailer to
Q72: To improve overall profits,the supplier must design
Q73: A contract where the buyer pays a
Q75: Single sourcing for a product is used
Q78: Which of the following is not a
Q79: Which contracts result in the supply chain
Q80: If adding a supplier with a unique
Q81: The procurement process for indirect materials should
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