The greatest advantage of buying component parts from independent suppliers is that the firm can maintain its strategic flexibility.

Question

Quizplus · Accepted Answer

By buying component parts from independent suppliers, the firm can avoid being locked into a long-term commitment with a single supplier and can switch suppliers as needed to maintain its strategic flexibility. This allows the firm to adapt to changes in the market and respond to new opportunities or threats.

The Greatest Advantage of Buying Component Parts from Independent Suppliers