Apple, Inc. custom orders the microprocessors for its iMac, iPhone, and iPad. Intel makes chips for the iMac and Samsung produces Apple-designed chips for the iPhone and iPad. Intel and Samsung work with Apple to minimize costs for each of them while maximizing quality, ultimately giving customers good value for their money. This is an example of a(n)
A)symbiotic partnership.
B)make-buy decision.
C)reciprocal agreement.
D)supply partnership.
E)exclusive dealing.

Question

Quizplus · Accepted Answer

This scenario describes a supply partnership where Apple collaborates with Intel and Samsung to produce high-quality microprocessors at minimized costs, benefiting all parties involved.