The Main Focus of SRM (Supplier Relationship Management)is to ______

question 84

Multiple Choice

The main focus of SRM (supplier relationship management) is to ______.

• A)determine whether suppliers are meeting their contractual obligations
• B)focus on enhancing the value of the relationship to both supplier and buyer through collaboration
• C)evaluate the supplier based on key performance measures
• D)eliminate suppliers who do not perform well

---

Definitions:

Interest

A feeling of curiosity or concern about something, leading to a desire to learn more or engage with it.

Cognitive Dissonance

An uncomfortable mental state due to a contradiction between two attitudes or between an attitude and a behavior.

Stereotype

A widely held but oversimplified and generalized belief about a particular category of people, often leading to prejudiced attitudes and discriminatory behavior.

Subtype

A subset or a more specific form within a broader category, often used to classify subgroups with distinct characteristics.