Which of the following statements is FALSE with respect to supplier phase out?
A) Phasing out suppliers is costly and can disrupt the operations of both the buying and selling firms.
B) The decision to switch to a new supplier should be made after careful consideration.
C) A buying organization should include exit clauses in the contract to ensure that penalties for early contract termination are avoided.
D) Phasing out suppliers is relatively easy and inexpensive.
Correct Answer:
Verified
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