_____ involves cultivating relationships with other exchange partners in order to reduce the risks associated with relying on a single supplier.

Question

Quizplus · Accepted Answer

Dependence balancing involves developing multiple relationships with exchange partners to reduce the risks associated with depending on a single supplier. This approach spreads out the dependence in a way that if one supplier fails, others can step in to fulfill the needs. Thus, it helps in minimizing the adverse effects of disruptions in the supply chain.

_____ Involves Cultivating Relationships with Other Exchange Partners in Order