A supply partnership exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of
A. creating an exclusionary relationship from all other buyers and sellers.
B. lowering costs or increasing value of products or services to the ultimate consumer.
C. lowering costs and increasing profits for the supplier.
D. creating a single channel of distribution.
E. putting competitors of both buyers and sellers out of business.
Answer: B
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