Which of the Following Is NOT an Advantage of the "Few

question 40

Multiple Choice

Which of the following is NOT an advantage of the "few suppliers" sourcing strategy?

• A) suppliers have a learning curve that yields lower transaction and production costs
• B) suppliers are more likely to understand the broad objectives of the end customer
• C) less vulnerable trade secrets
• D) creation of value by allowing suppliers to have economies of scale
• E) suppliers' willingness to provide technological expertise

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Definitions:

Deviance

A behavior, trait, belief, or other characteristic that violates a norm and causes a negative reaction.

Sanction

Official permissions or penalties for actions, often used in the context of international relations to enforce laws or regulations.

Amish

A group of traditionalist Christian church fellowships known for simple living, plain dress, and reluctance to adopt many conveniences of modern technology.

Branding

The marketing practice of creating a distinctive name, symbol, or design that identifies and differentiates a product, service, or entity from others in the market.