A supply partnership exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of
A)putting competitors of both parties out of business.
B)lowering costs and increasing profits.
C)lowering costs or increasing value of products or services to the ultimate consumer.
D)creating a single channel of distribution.
E)creating an exclusionary relationship from all other buyers and sellers.

Question

Quizplus · Accepted Answer

A supply partnership focuses on collaboration to reduce costs or enhance the value of products or services for the end consumer, benefiting both parties involved.

A Supply Partnership Exists When a Buyer and Its Supplier