____ are more responsive to the buying firm's changing needs and can economically make frequent smaller deliveries.

Question

Quizplus · Accepted Answer

Local suppliers are located closer to the buying firm and can therefore respond quickly to changing needs. They can also economically make frequent smaller deliveries due to the proximity. International or national suppliers may have longer lead times, higher shipping costs, and larger minimum order quantities, making it more difficult to quickly adapt to changing needs. Preferred suppliers may offer benefits such as discounts or better quality, but location is still a factor in responsiveness.

____ Are More Responsive to the Buying Firm's Changing Needs