Multiple Choice
Philips Electronics is the only supplier of Toyota auto headlamps. Because of their ___, Toyota was able to develop further its just-in-time inventory management system and Philips was able to institute a total quality management approach to its production and acquire more business from other Japanese car manufacturers.
A) reciprocal partnership
B) buyer-seller alliance
C) strategic partnership
D) tactical partnership
E) hierarchical relationship
Correct Answer:
Verified
Correct Answer:
Verified
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