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Single Sourcing Advocates May Want to Address the Following Issues

question 58

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Single sourcing advocates may want to address the following issues regarding long-term impacts of single sourcing. In the long-run, if everyone reduces their supplier base, there will be fewer suppliers to deal with and overall competition will decrease as there are fewer suppliers. A supplier consolidation will give suppliers less power in the long run.


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A long journey involving travel, especially by sea or in space.

Applied Science

A discipline that applies existing scientific knowledge to develop more practical applications, including technology or inventions, within fields such as engineering and medicine.

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Systematic, innovative investigation conducted to increase understanding of complex products or processes, aiming at developing new knowledge or technology.

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Innovations and improvements in technology that enable new products, improved processes, and greater efficiency across various industries and sectors.

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