A Disadvantage of the Single Supplier Strategy Is

question 61

Multiple Choice

A disadvantage of the single supplier strategy is

• A) the risk of creating a new competitor
• B) the lack of cost savings for customers
• C) the risk of not being able to build a trusting relationship
• D) all of the above

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Definitions:

Collective Bonds

The connections and shared senses of identity and purpose that bind members of a group or community together.

Religious Life

The way of life and practices associated with adherence to spiritual beliefs, rituals, and the pursuit of moral and ethical principles.

Anomie

A societal condition marked by a breakdown of social norms leading to a state of normlessness, where individuals feel disconnected from the collective conscience.

Normlessness

A state or condition where social norms are absent, weak, or conflicting, leading to social instability and alienation.