Q. _______ is continuing relationship between a buying firm and supplying firm.

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Q. Which of the following is not a part of supplier buyer relationship?

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Q. The relationship between supplier and buyer should have trust and dedication to common goals and objectives.

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Q. The Japanese partnering concept is _______

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Q. Continuous improvement of products or services is a consequence of good supplier buyer relationship.

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Q. Which of the following is not a benefit of supplier buyer relationship?

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Q. Which of the following is not a benefit of supplier buyer relationship?

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Q. Why is long term commitment important in supplier buyer relationship?

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Q. Which of the following is not a consequence of mutual trust between suppliers and buyers?

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Q. Shared vision is also known as ____________

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Q. Which of the following is not a key element in supplier customer partnering?

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Q. What do you mean by supplier sourcing?

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Q. Which of the following is not a type of supplier sourcing?

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Q. _______ is the practice of utilizing only one supplier for the organization.

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Q. What is the reason for the forced situation of sticking to only one supplier for the organization in sole sourcing?

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Q. ________ is the practice of utilizing two or more suppliers for an item.

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Q. What is the idea behind multiple sourcing?

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Q. _______ is the practice of utilizing only one supplier for an item when several sources are available.

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Q. ________ leads to the outcome of long-term partnering relationship.

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Q. Two suppliers A and B deliver the same raw materials for production company Z. The price offered by supplier A is less compared to the price offered by supplier B. Which supplier should the company choose?

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