A business strategy that focuses on providing comprehensive quality service to business partners best defines
A) customer relationship management.
B) supplier relationship management.
C) partner relationship management.
D) supply chain management.

Question

Quizplus · Accepted Answer

Partner relationship management (PRM) is a business strategy that focuses on providing comprehensive quality service to business partners. It involves building and maintaining strong relationships with suppliers, distributors, and other partners to improve efficiency, reduce costs, and increase customer satisfaction. PRM encompasses aspects of customer relationship management (CRM) and supply chain management (SCM) but is specifically geared towards managing partnerships with other businesses.

A Business Strategy That Focuses on Providing Comprehensive Quality Service