To Overcome a Supplier's Reluctance to Making a Large Investment

question 109

Multiple Choice

To overcome a supplier's reluctance to making a large investment for the benefit of one buyer, the buyer may need to integrate vertically backward into the supply chain by ________.

• A) developing an internal division that becomes the supplier
• B) finding multiple similar suppliers
• C) partnering with another similar firm
• D) making an acquisition

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Definitions:

Romantic Comedies

A genre of movies that combines elements of romance and humor, focusing on relationships and love stories.

Family Network

A system of social connections and support formed by relatives or kin, including immediate family, extended family, and sometimes close family friends.

Consumption

The process of using goods and services to satisfy wants and needs, it plays a critical role in driving economic activity.

Empowering

Providing individuals or groups with the resources, authority, and opportunity to control their own lives and contribute to organizational success.