Among the many advantages for establishing long-term partnerships are:
A)Reduced administrative costs
B)Improved performance
C)Improved communication
D)B and C are both correct
E)A, B, and C are all correct

Question

Quizplus · Accepted Answer

Establishing long-term partnerships has several advantages, including reduced administrative costs, improved performance, and improved communication. By developing a long-term relationship with a supplier or customer, companies can benefit from economies of scale and reduced costs associated with managing multiple relationships. In addition, long-term relationships foster better communication and collaboration, which can lead to improved performance and better outcomes for both parties. Therefore, choice E - A, B, and C are all correct - is the best answer.

Among the Many Advantages for Establishing Long-Term Partnerships Are