Match Each Definition with the Appropriate Term

question 81

Short Answer

Match each definition with the appropriate term.
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Definitions:

Competitive Edge

An advantage that allows an organization to outperform its competitors, achieved through superior products, processes, or strategies.

Supplier Relationships

The interaction and cooperation between businesses and their suppliers, aimed at achieving mutual benefits and ensuring a stable supply chain.

Supplier Goodwill

The positive reputation and relationship a supplier builds over time, which can lead to preferential treatment, better terms, or ongoing business opportunities.

Supply Manager

A professional responsible for managing and overseeing the procurement of goods and services in an organization, including supplier selection and contract negotiation.