Companies pursue closer coordination and collaboration with channel suppliers to better address customer needs in order to
A)develop human resource management activities that improve the skills, expertise, and knowledge of company personnel.
B)achieve low-cost provider status through the value chain system.
C)enhance differentiation through the value chain system.
D)compensate for inadequate or outdated production capacity.
E)improve their scores on the competitive assessment matrix.

Question

Quizplus · Accepted Answer

By collaborating with channel suppliers, companies can enhance their differentiation through the value chain system. This collaboration helps companies identify and address customer needs more effectively, which can result in increased customer satisfaction and loyalty. Additionally, a strong network of suppliers can help companies offer unique products and services that set them apart from competitors.

Companies Pursue Closer Coordination and Collaboration with Channel Suppliers to Better