For a Large Company with Many Strategic Supplier Alliances, What

question 2

Multiple Choice

For a large company with many strategic supplier alliances, what would be the best way to manage them?

• A) Create an alliance board to oversee alliances
• B) Reduce the number of supplier alliances to less than five
• C) Hire an outside firm to manage them
• D) All of the above

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Definitions:

Perceived Risk

The potential for loss or other negative outcomes that consumers believe exist when deciding whether to purchase a product or service.

Psychological Tension

A mental or emotional strain resulting from conflicting, demanding, or challenging situations.

Creditworthiness

A valuation of the likelihood that a borrower can fulfill their financial obligations.

Economic Significance

Refers to the impact of a phenomenon, action, or policy on the economy's performance, often measured through its effects on growth, employment, and productivity.