Zeller Hub, a Canadian discount store, has developed a supplier portal software from the inputs given by the experts in its retailing division and its supplier Welknit Knitting Co. This information system will share inventory and stock lists of both the companies on a daily basis. It will, thus, aid the continuing relationship between the companies and increase the profitability of both the parties by controlling excess stock and inventories. Identify the relationship between Zeller Hub and Welknit Knitting Co.

A. A functional relationship
B. A solo market transaction
C. A relational partnership
D. An internal partnership
E. A strategic partnership


Answer: E

Business

You might also like to view...

If potential output is $22.7 trillion and the output gap is 12.8%, then actual output is

A. 14.2 trillion. B. 16 trillion. C. 19.8 trillion. D. 20.6 trillion.

Business

It is difficult to enter Japan's retail market because of:

A) its maze of importion and operational laws. B) high brand loyalty. C) its high dependence on black markets. D) low level of disposable income.

Business

The direction of testing from recorded amounts toward supporting documentation provides evidence as to existence of assets and revenues

a. True b. False Indicate whether the statement is true or false

Business

Usually the creditor and debtor state in their agreement what events constitute default by the buyer, without being subject to the Uniform Commercial Code (UCC) requirement that the parties act in "good faith" in doing so.

Answer the following statement true (T) or false (F)

Business