Negotiation Mastery in Buyer-Supplier Relationships Quiz
7 Questions
2 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following can significantly impact markets and therefore influence the performance and success of partnerships?

  • Changes in consumer behavior (correct)
  • Social media trends
  • Political stability
  • Currency exchange rates

What can happen if market changes are not anticipated and assessed for their potential impact on partnerships?

  • Increased risk
  • Strategic misalignments
  • Unfulfilled obligations
  • All of the above (correct)

How can changes in the marketplace impact buyer-supplier relationships?

  • By altering demand patterns (correct)
  • By increasing geopolitical events
  • By changing market regulations
  • By improving technological advancements

Which factor can disrupt buyer-supplier relationships by causing a surge in demand that strains a supplier's capacity to deliver or leads to increased prices?

<p>Economic shifts (C)</p> Signup and view all the answers

What can force suppliers to alter their production processes, potentially increasing costs and disrupting supply?

<p>Regulatory changes (B)</p> Signup and view all the answers

Which factor can disrupt buyer-supplier relationships by making a supplier obsolete if they are unable to keep up with changes?

<p>Technological advancements (D)</p> Signup and view all the answers

Which factor can disrupt buyer-supplier relationships by causing trade wars, sanctions, or political instability?

<p>Geopolitical events (D)</p> Signup and view all the answers

More Like This

Use Quizgecko on...
Browser
Browser