A Relationship That Exists When a Buyer and Its Supplier

question 129

Multiple Choice

A relationship that exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost or increasing the value of products and services delivered to the ultimate consumer is referred to as a

• A)supply partnership.
• B)supplier development agreement.
• C)reciprocal arrangement.
• D)shareholder relationship.
• E)strategic alliance.

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Definitions:

Gynecomastia

The benign enlargement of breast tissue in males, which can result from an imbalance of estrogen and testosterone hormones.

Gyncomastia

A disorder characterized by the enlargement of breast tissue in males, often due to hormonal imbalance.

Hypospadias

a birth defect in males in which the opening of the urethra is not located at the tip of the penis.

Epispadias

A rare congenital defect in which the opening of the urethra is on the upper (dorsal) side of the penis, in males, or in an abnormal position in females.