Question

A strategic partnership with a supplier: _____________
a. Is a legal contract between a supplier and a buyer, binding them to certain financial obligations b. Is the ultimate object, or the end goal, that a company should have with every supplier c. Is a commitment over an extended period to work together to the mutual benefit of both parties
d. Is a significant benefit to the buyer, but may not be a significant benefit to the supplier

Answer 1

When suppliers are utilized more as “strategic partners” and simply suppliers of a product or service is for progressive purpose. Hence, it is the ultimate object, or the end goal, that a company should have with every supplier.

Strategic partnership with a supplier

A strategic partnership program is an initiative that aims to transform the relationships of your most strategic suppliers into true strategic partners.

The company activates all of the resources that a supplier may have, including historical knowledge, experience and even data.

Therefore, the correct answer is option B.

learn more about Strategic partnership with a supplier: https://brainly.com/question/4467038