When a Customer and a Supplier Choose To, or Are

question 45

Multiple Choice

When a customer and a supplier choose to, or are technically obliged to, integrate their processes,

• A)there can no longer be a market operating between them for the item concerned.
• B)there can be an adversarial relationship as each tries to gain advantage.
• C)there can be strategic benefit, so long as the partners try to jointly maximise their profit in the downstream market.
• D)all of the above.

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Definitions:

ABS Wheel Speed Sensors

Devices in a vehicle's braking system that measure the speed of each wheel to help prevent the brakes from locking up during stopping.

Tire Slip Rate

The ratio of the difference between the wheel's rotational speed and the vehicle's speed to the vehicle's speed, indicative of traction loss.

Slip

The difference in speed between two interacting surfaces in relative motion, often referring to tires losing grip on the road.

Hydraulic Power Brake Booster

A device that uses hydraulic pressure to assist in the application of the vehicle's brakes, reducing the effort required by the driver.