Question

RedTriangle media, unlike its competitors, procures raw material from multiple suppliers. Each supplier in turn supplies raw material to many buyers, including RedTriangle. This is an example of a(n) ________ relationship.

Answer 1

Answer:

the correct answer is "Ongoing relationship".

Explanation:

there are several types of supplier relationships such as,

1. Buy the market
2. ongoing relationship
3. partnership
4. strategic alliance
5. back ward integration

ongoing relationship is when the suppliers do business with both our business and other buyers/competitors. the size of contracts are medium to large and there is a good connection between our business and our suppliers.