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The Network Purchasing Model Has One Hierarchically Structured Firm Negotiating

question 3

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The network purchasing model has one hierarchically structured firm negotiating purchase terms with several similarly structured supplier firms, playing each supplier against the others.


Definitions:

Liberty Rights

The right to be left alone to pursue our legitimate interests.

Legitimate Interests

Interests that do not violate others’ similar and equal interests.

Ethical Subjectivist

One who believes that morality is nothing more than personal opinion or feelings.

Tolerant

Showing willingness to allow the existence of opinions or behavior that one does not necessarily agree with.

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