Which of the following is true for collaborative relationships?

Question

Quizplus · Accepted Answer

Collaborative relationships require early supplier involvement, meaning suppliers are involved in the product development process from the start. This allows for better communication and collaboration, which can result in more innovative and effective products. Collaborative relationships are not suitable for one-time purchases or noncritical items, as the effort required to establish and maintain the relationship is not justified for these types of purchases.

Which of the Following Is True for Collaborative Relationships