Much debate has taken place concerning the number of suppliers a firm should use.One side of the debate is the _____________ side. This involves the use of two or more suppliers.The other side of the debate is the ____________ policy, in which only one supplier is used to supply a particular part.
A) multiple-sources / single-source
B) matrix-sources / hybrid-source
C) metroplex / single-source
D) tri-source / mono-source
E) multi-source / mono-source

Question

Quizplus · Accepted Answer

The multiple-sources side of the debate is generally considered to be the better choice, as it offers several advantages over the single-source policy. These advantages include increased competition, reduced risk of supply chain disruptions, and the potential for cost savings through negotiation and bargaining. Using multiple suppliers also allows for greater flexibility and adaptability in the face of changing market conditions and customer demand.

Much Debate Has Taken Place Concerning the Number of Suppliers