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Questions and Answers
What are the driving factors that are changing the way organizations engage with suppliers?
The driving factors include the role of the supply base and the need to determine how the supply base can add value for the future.
According to O'Brien (2014), what are the 4 pillars of the business environment?
The 4 pillars of the business environment according to O'Brien (2014) are managing strategic ends in supplier and buyer power circumstances, intensity vs importance of relationship to business.
What is the challenge in managing relationships with suppliers according to the text?
The challenge is ensuring that the right type of relationship is chosen and maintaining control of the process.
What is the course code for the module on managing relationships in procurement?
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Why is the supply base's contribution important for future business?
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