Many buyers prefer multiple sources of supplies ________.
A) to avoid being totally dependent on one supplier
B) to keep companies interested in doing business with them
C) to ensure that suppliers do not become complacent
D) to encourage their salespeople to develop broader networks of contacts
E) to prepare in case of a work stoppage

Question

Quizplus · Accepted Answer

Many buyers prefer to have multiple sources of supplies to avoid being totally dependent on one supplier. This ensures that they are not vulnerable to the risks of a single supplier, such as supply disruptions, price increases, or quality issues. Having multiple suppliers also creates a competitive environment that keeps suppliers interested in doing business with the buyer and encourages them to provide high-quality products and services at competitive prices.

Many Buyers Prefer Multiple Sources of Supplies ________