Apple, Inc. custom orders the microprocessors for its iMac, iPhone, and iPad. Intel makes chips for the iMac and Samsung produces Apple-designed chips for the iPhone and iPad. Intel and Samsung work with Apple to minimize costs for each of them while maximizing quality, ultimately giving customers good value for their money. This is an example of a(n)

A. make-buy decision.
B. symbiotic partnership.
C. supply partnership.
D. exclusive dealing.
E. reciprocal agreement.


Answer: C

Business

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Fill in the blank(s) with correct word

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What will be an ideal response?

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