Which one of the following statements is TRUE about a cooperative orientation in supplier relationships?
A)It cannot be implemented in Western countries because competitive bidding is more effective in that culture.
B)It cannot be implemented in the Western countries because it always benefits the supplier.
C)It requires all parts and subassemblies to be purchased from the same supplier.
D)It requires few suppliers for each item or service.

Question

Quizplus · Accepted Answer

A cooperative orientation in supplier relationships requires few suppliers for each item or service to promote trust and collaboration between the supplier and the buyer. This approach allows for better communication, joint problem-solving, and cost-saving opportunities. It is not exclusive to any particular culture and can be implemented in both Western and non-Western countries. The other options are incorrect.

Which One of the Following Statements Is TRUE About a Cooperative