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  2. Topic
    Business
  3. Study Set
    Supply Chain Management Study Set 4
  4. Exam
    Exam 1: Introduction to Purchasing and Supply Chain Management
  5. Question
    The Traditional Approach to Purchasing and Supply Management Is to Build
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The Traditional Approach to Purchasing and Supply Management Is to Build

Question 3

Question 3

True/False

The traditional approach to purchasing and supply management is to build relations with suppliers to jointly pull costs out of the product or service and expect suppliers to contribute innovative ideas that continually add value to a firm's products and services.

Correct Answer:

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