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Vendor Partnerships Based on Relational Contacts-Such as the Relationships Between

question 40

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Vendor partnerships based on relational contacts-such as the relationships between Toyota and its major component suppliers-are more successful than either pure market contracts or vertical integration because:


Definitions:

Organizational Support

Refers to the ways in which a company aids its employees, through resources, tools, and emotional backing.

Optics Technician

A professional specialized in assembling, testing, and maintaining optical instruments and systems, such as lenses, microscopes, and telescopes.

Emergency Loan Program

A financial assistance scheme designed to provide quick funding in urgent situations to those in need.

Incivility

Rude or unsociable speech or behavior that disrupts the harmony and respect among individuals in a workplace or social setting.

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