Examlex
In a parent-subsidiary controlled group,the common parent corporation must own more than 50% of the stock of at least one subsidiary corporation.
Supplier Strategic Alliances
Partnerships formed between companies and their suppliers to achieve strategic goals, enhance competitiveness, and secure supply chains.
Preferred Supplier-Customer Relationships
Business arrangements where mutual benefits are derived from long-term associations between suppliers and their key customers, often characterized by trust and cooperation.
Quality Supplies
Materials or goods of high standard or grade used in the production of products or in the provision of services.
Virtual Organization
A structure enabled by digital technologies that allows individuals or entities across different locations to collaborate and function as a single entity.
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