Which of the Following Benefits of Supplier Relationship Management Typically

question 367

Multiple Choice

Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?

• A) Automation of supplier sales activities
• B) Elimination of formal contracts
• C) Reduction in customer and supplier inventories
• D) Standardization of communications

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Definitions:

Misrepresentation

The act of providing false or misleading statements or information, intentionally or unintentionally, about a material fact.

Fraud

A deliberate deception to secure unfair or unlawful gain, often at the expense of others.

Negligence

Not acting with the care expected from a reasonably prudent person in identical situations.

Cattle Feed

Food specifically prepared and provided for the nourishment and growth of cattle.