Through chaining, companies increase their buying power, which allows them to negotiate large price reductions with their suppliers, which in tum promotes their competitive advantage.

Question

Quizplus · Accepted Answer

Chaining refers to the practice of companies combining their purchasing power to negotiate better prices with their suppliers. This results in larger price reductions, which can increase the company's competitive advantage. Therefore, the statement is true.

Through Chaining, Companies Increase Their Buying Power, Which Allows Them