A strategic alliance that involves the development of preferred supplier relationships to guarantee a smooth and timely flow of quality materials among partners is known as an)__________.

Question

Quizplus · Accepted Answer

A supplier alliance involves the development of preferred supplier relationships to guarantee a smooth and timely flow of quality materials among partners. Collaborative alliances involve joint efforts to develop and/or market products, entrepreneurial alliances involve the creation of new ventures, outsourcing alliances involve contracting out certain business functions to third-party providers, and distribution alliances involve partnering to distribute products or services.

A Strategic Alliance That Involves the Development of Preferred Supplier