The Existence of Reciprocal Arrangements, the Long-Term Contracts, and the Buyer-Seller

question 81

Multiple Choice

The existence of reciprocal arrangements, the long-term contracts, and the buyer-seller relationships that evolve into supply partnerships are all examples of

• A) illegal activities that are a common weakness of organizational buying.
• B) illegal activities that result from collusion between buyers and sellers.
• C) activities that are strictly governed by the NAICS.
• D) the nature of relationships between buyers and sellers in organizational buying.
• E) activities that result from extreme competition between manufacturers when there are too few suppliers.

---

Definitions:

Collectivization

The process of transforming private assets, particularly in agriculture, into collective ownerships, typically under state control, as practiced in the Soviet Union.

Vietnamese Independence

Vietnamese Independence refers to the successful effort led by Ho Chi Minh to liberate Vietnam from French colonial rule, culminating in 1945.

Dien Bien Phu

The site of a decisive battle in the First Indochina War, where Vietnamese forces led by Vo Nguyen Giap besieged and defeated French forces in 1954, leading to the end of French colonial rule in Indochina.

French Army

The land-based and largest component of the French Armed Forces, responsible for national defense and contribution to international security and military engagements.