Multiple Choice
Which of the following statements about adversarial purchasing philosophy is TRUE?
A) Buyers operating under this philosophy seek out the best suppliers and then work to develop close relationships
B) It seeks to maximize the benefits of collaboration between the buyer and a few suppliers
C) It means to have several vendors for each product
D) It occurs when a company selects one supplier to satisfy all needs in a given area
E) It is to have the right product available when needed, in the right quantity and at the right quality, all for the lowest total cost
Correct Answer:

Verified
Correct Answer:
Verified
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