When an industry member is a major customer of the supplier, and the relationship (partnership) is unusually effective and mutually advantageous
A. one unfortunate outcome is that it tends to give the supply partners much enhanced bargaining power in their dealings with these industry members.
B. there is a high likelihood of such partnerships reducing competitive pressures on all industry members, provided technological change in the suppliers' business is rapid and the item being supplied is a commodity.
C. there is a strong likelihood such partnerships will put increased competitive pressure on those industry members who lack productive collaborative relationships with their suppliers.
D. it is rare for such partnerships to have much competitive impact on those industry members not having such partnerships.
E. the usual result is to reduce competitive pressures on all industry members, provided the costs of the items furnished by supply chain partners amount to 50 percent or more of total cost.
Answer: C
You might also like to view...
Three approaches to making negotiations more visible: establish "privacy" prior to the beginning of negotiations, screen visibility during negotiations, and be aware of audience pressure.
Answer the following statement true (T) or false (F)
Which of the following is true about job evaluation?
A. It is free of subjectivity. B. It involves identifying an employee's visionary competency. C. It does not bear any influence on skill-based pay structure. D. It is not susceptible to gender bias. E. It perpetuates any bias that exists in current wages when structured to mirror existing pay rates.
You buy a stock for which you expect to receive an annual dividend of $2.10 for the fifteen years that you plan on holding it. After 15 years, you expect to sell the stock for $32.25. What is the present value of a share for this company if you want a 10%
A) $7.72 B) $15.97 C) $23.69 D) $31.41
Dizzy is not Edwina's agent but enters into a contract with Frida on Edwina's behalf. Edwina later contacts Frida to approve the contract. This is
A. an agency by agreement. B. an agency by estoppel. C. an agency by ratification. D. not the creation of an agency relationship.