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Soon after Daimler Benz acquired Chrysler and became DaimlerChrysler, it became apparent that expected cost savings would not be achieved. One could predict that, as in other failed acquisitions and mergers, the firm would engage in the following EXCEPT
Request for Quotation (RFQ)
A formal solicitation process where suppliers are asked to provide bid proposals on specified goods or services, including price and delivery details.
Supplier Risk
The potential for negative impacts to a company's operations, profitability, or reputation resulting from its suppliers' actions or inactions.
Strategic Purchase
The acquisition of goods or services that are vital to a company's operations or strategy, often involving significant expenditure and planning.
Environmental Sustainability
The practice of using resources in a way that does not deplete them and conserves the natural environment for future generations.
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