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Supplier Performance Analysis Should Be Used to Build a Portfolio

question 20

True/False

Supplier performance analysis should be used to build a portfolio of suppliers with similar strengths.


Definitions:

Customer Benefit Plan

A plan that contains the nucleus of information used in the sales presentation.

Business Relationships

Connections and interactions between individuals or organizations that are based on professional interests and aimed at mutual benefits.

Customers' Needs

The requirements or desires that customers expect to be fulfilled by a product or service.

Selling

The act or process of exchanging a product or service for money; a fundamental business activity.

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