The existence of reciprocal arrangements, long-term contracts, and in some cases, buyer-seller relationships that evolve into supply partnerships are all examples of
A)illegal activities that are a common weakness of organizational buying.
B)illegal activities that result from collusion between buyers and sellers.
C)activities that are strictly governed by the NAICS.
D)activities that can result from relationships between buyers and sellers in organizational buying.
E)activities that result from extreme competition between manufacturers when there are too few sellers.

Question

Quizplus · Accepted Answer

Reciprocal arrangements, long-term contracts, and supply partnerships are all possible outcomes of relationships between buyers and sellers in organizational buying. These are legal and ethical practices that can benefit both parties by ensuring stable supply and demand, cost savings, and improved quality.

The Existence of Reciprocal Arrangements, Long-Term Contracts, and in Some