_____ is a strategy by which organizational buyers evaluate the relative importance of suppliers and use that information to determine with whom they want to develop partnerships.
A) Customer relationship management
B) Total quality management
C) Just-in-time inventory control
D) Supplier relationship management
E) Efficient consumer response system

Question

Quizplus · Accepted Answer

Supplier relationship management is a strategy by which organizational buyers evaluate the relative importance of suppliers based on their contributions to the organization's success, then use that information to determine with whom they want to develop partnerships. This approach helps organizations manage their supply chain more effectively by focusing on developing long-term, mutually beneficial relationships with key suppliers.

_____ Is a Strategy by Which Organizational Buyers Evaluate the Relative